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ericawilli.bsky.social

@ericawilli.bsky.social
335 followers 753 following 111 posts

Working for racial, gender, and economic justice thru fiscal policy @DCFPI. Posts are my own.

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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
But we continue to let wealthy interests, including the WaPo editorial board, tank smart proposals that ask the households with the biggest gains in our economy to pay a little more. 10/10
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
And three-quarters of voters in DC approve of taxing the wealth of the top 5%, according to new polling. 9/ x.com/WeAreDCActio...
x.com
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
This is a simple, easy to administer tax that already exists and that is mostly paid by those with very high income AND wealth, taxpayers getting windfall tax breaks at the federal level that came at the expense of health and food assistance for residents in DC. 8/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
The difference is that a small slice of the return on those investments will be channeled into public investments in schools, health care, child care, and other essential services rather than padding the already ample profits of the very wealthy. 7/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
It's simply untrue that a very small tax on investment profits will somehow stop wealthy households from making investments. They'll continue to invest and make profits. 6/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
WaPo editorial board didn’t even both to get the details right, while insinuating that this is a tax on married educated people. I guess all those people with degrees w/incomes below $250k who don’t have passive income but pay taxes on all of their earnings don’t count as educated. 5/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
The original proposal was based on the federal thresholds of $200k for singles, $250k for married households, but the tax still largely fell on the top 5% (92% of the tax would have been paid by those above $500k of income). And only 9% of taxpayers would even have paid it. 4/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
The most recent proposal on the table would set an income threshold at $500k, which means that only those with passive income above that mark would pay this tax. About 96% of it would be paid by millionaire households and the rest by those in the $500k to $1M range. 3/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
This is a tax that exists at the federal level and that Minnesota has implemented at the local level. It would raise substantial revenue from passive income derived from wealth for the District at a time when we face structural revenue issues and continue to see wealth grow. 2/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/06/2026
It’s pretty “rich” (pun intended) and not at all surprising that the Jeff Bezos owned, self-proclaimed free market advocates at the WaPo editorial board don’t like the Wealth Proceeds Tax. 1/
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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 12/05/2026
When we took office, NYC had a $12B deficit. Today it’s zero. And we didn’t close that gap on the backs of working people. We closed it while funding parks, libraries, safer streets, & public housing. Call it Pothole Politics or Democratic Socialism: We are government that delivers for the people.
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ericawilli.bsky.social @ericawilli.bsky.social · 11/04/2026
There are undoubtedly more damaging cuts in this budget that we’ll uncover in the days ahead, but from the first look, we are highly disappointed.
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ericawilli.bsky.social @ericawilli.bsky.social · 11/04/2026
Yet the strategy laid out by the mayors team slashes all of this and invests instead in more property tax abatements and other things unlikely to strengthen the economy or improve residents’ lives.
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ericawilli.bsky.social @ericawilli.bsky.social · 11/04/2026
Ensuring public employees are well paid helps us retain a quality workforce, and that means better quality services, which makes people more likely to want to live here.
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ericawilli.bsky.social @ericawilli.bsky.social · 11/04/2026
We also know that paid leave is imperative for a strong economy. And employers aren’t paying the payroll tax to plug budget holes. It means a real benefit to their workers who are then more reliable and healthy and productive.
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ericawilli.bsky.social @ericawilli.bsky.social · 11/04/2026
Child care facilities are businesses that contribute to our economy. Early educators they employ do as well. And we all know QUALITY child care is key for parents being able to work and improving kids’ outcomes.
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ericawilli.bsky.social @ericawilli.bsky.social · 11/04/2026
Today’s budget proposal defies logic. Tearing down the pay equity fund, slashing our sustainably funded paid leave program, suppressing public employee pay, among other damaging cuts, all work against economic growth.
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Shira @shira-m.bsky.social · 10/04/2026
What actually makes the economy strong & inclusive is investing in the workers who power the economy. The mayor's proposed budget gives workers the short end of the stick inc. cutting paid leave for medical needs and slashing Pay Equity Fund for childcare workers.
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Anna Gifty @itsafronomics.blacksky.app · 25/03/2026
Tick tock. It's reparations-o'clock.
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Shira @shira-m.bsky.social · 20/03/2026
Because of a long history of systemic racism, Black and Latino DC residents have worse outcomes by every employment measure — for ex. white DC workers’ median hourly wage in 2024 was almost 2x that of Black and Latino workers (1/4)
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EmpowerEd @empowereddc.bsky.social · 02/03/2026
This. Any lawmaker telling advocates it's a "tight budget season" while advancing a "recoupling" effort that would simultaneously hurt our budget and set an incredibly dangerous precedent of bowing at the feet of illegal federal interference should think twice about this approach.
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ericawilli.bsky.social @ericawilli.bsky.social · 20/02/2026
open.substack.com/pub/paulkrug...
open.substack.com
Billionaires Gone Wild
Understanding the oligarchs’ power grab and the dire threat to American democracy
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DC Fiscal Policy Institute @dcfpi.bsky.social · 30/01/2026
🚨 Urgent action alert! 🚨 Congress wants to undo local legislation and cost DC $700 million in local revenue, and overturn our efforts to cut child poverty. Call these Senators and tell them to VOTE NO ON S.J.RES.102. Check out the last slide for a script you can use!
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tazramitchell.bsky.social @tazramitchell.bsky.social · 30/01/2026
Congress is meddling into DC affairs yet again. They now want to overturn a local law that would drain *local* revenue by $700m AND spike child poverty by eliminating expansions in our DC EITC & CTC. DC residents & state/national partners--please make the calls below!
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Jessica Fulton @jessicajfulton.bsky.social · 27/01/2026
That Black unemployment rates are so high is frustrating. That so many Black women have been unemployed for so long is maddening. Watching these trends worsen in the data as well as in my friendship circles is devastating. I spoke with @19thnews.org about the impact. 19thnews.org/2026/01/blac...
19thnews.org
Black women's unemployment has skyrocketed. Here’s what happened.
The rate is now equivalent to White women’s during the bleakest moments of the Great Recession.
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ericawilli.bsky.social @ericawilli.bsky.social · 19/12/2025
“Consider, for example, the cavern of the capital gains tax treatment at death for those with enormous estates…” he says calling the stepped-up-basis a loophole for the mega rich 👀 On this, I agree with Mitt Romney. #taxjustice
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ericawilli.bsky.social @ericawilli.bsky.social · 11/12/2025
Apparently these folks want to keep Americans hungry, unhealthy, locked up, and otherwise downtrodden. More examples of the impact of expiring ACA tax credits in the appendix of this report www.cbpp.org/research/hea...
cbpp.org
Health Insurance Premium Spikes Imminent as Tax Credit Enhancements Set to Expire
If Congress waits until the end of the year to extend the enhancements, 1.5 million more people will be uninsured in 2026 compared to an earlier extension. Congress can still protect people from cost ...
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ericawilli.bsky.social @ericawilli.bsky.social · 11/12/2025
here's an example of the impact--a 60yr old couple in DC with income of $85k could see their annual premium increase by $22k-$25k
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ericawilli.bsky.social @ericawilli.bsky.social · 11/12/2025
www.cbpp.org/press/statem... Congressional Republicans and President Trump Fail to Address Affordability; Health Care Costs Set to Spike for Millions
cbpp.org
Congressional Republicans and President Trump Fail to Address Affordability; Health Care Costs Set to Spike for Millions
Instead of supporting this common-sense and urgently needed legislation, Senate Republicans put forward a partisan proposal from Senators Cassidy and Crapo that fails to extend the PTC enhancements an...
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ericawilli.bsky.social @ericawilli.bsky.social · 08/12/2025
“that there is so low a political price for the president’s racism that he and those around him see little risk in its expression—well, that does say something about America, and Americans. Immigration isn’t breaking our society. That’s a job Americans can do on their own.”
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Robert Reich @rbreich.bsky.social · 19/11/2025
Five corporations control 90% of the US media market. Airlines merged from 12 major carriers in 1980 to 4 today. Four giants control 80% of meat processing. A handful of companies control the pharmaceutical industry. The evidence of corporate concentration is everywhere.
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
Bower’s so-called “growth agenda” is not in line with what research and real life show us. Investing in health care, child care, economic security, and supporting higher, equitable wages are the ingredients to a stronger and certainly more equitable economy. equitablegrowth.org/research-pap... 8/8
equitablegrowth.org
The promise of equitable and pro-growth tax reform
The next president and the incoming 119th Congress will have a rare opportunity in 2025 to enact true pro-growth tax reform.
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
How can DC pay for programs that help people get by? By not handing limited public resources over to billionaires and by asking more of District residents set to get huge tax cuts from Congress’ tax plan. itep.org/trump-megabi... 7/
itep.org
Trump Megabill Will Give $117 Billion in Tax Cuts to the Top 1% in 2026. How Much In Your State?
The predominant feature of the tax and spending bill working its way through Congress is a massive tax cut for the richest 1 percent — a $114 billion benefit to the wealthiest people in the country in...
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
It may not be as flashy as a deal with the NFL, but the benefits are real and actually make DC a place people can stay and grow. www.dcfpi.org/all/expandin... 6/
dcfpi.org
Expanding Child Care Subsidies Would Boost the District’s Economy
[…]
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
A strong safety net also grows the economy over the long-term by supporting better life outcomes for kids in low income families, helping them do better and go further in school, and work and earn more as adults. www.dcfpi.org/all/a-child-...
dcfpi.org
A Child Tax Credit Would Reduce Child Poverty, Strengthen Basic Income, and Advance Racial Justice in DC
[…]
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
The safety net contributes to economic activity in other ways that support jobs, like when families take their child tax credit dollars and use them at local businesses. Or when a caretaker has access to affordable child care and can reliably go to school or work. 4/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
The irony of course is that the safety net—in addition to meeting basic human needs—also helps our economy. Health coverage helps support the 73,000 jobs in DC’s health care sector, for example, and it keeps workers healthy and productive. 3/
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
Is health care a nice-to-have now? I wonder if the mayor asked any of the cancer patients or people with chronic illness about to get kicked off of the DC Healthcare Alliance because of her budget cuts. wamu.org/story/25/06/...
wamu.org
Thousands of D.C. residents could lose their health insurance through budget cuts
Cuts to the DC Healthcare Alliance and Medicaid in Mayor Muriel Bowser’s proposed budget could disrupt health care for thousands of residents. Immigrants and low-income residents, including those with...
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ericawilli.bsky.social @ericawilli.bsky.social · 09/07/2025
Truly astounded by @mayorbowser.bsky.social. The social safety net is designed to meet basic human needs in a city with extreme racial and economic inequity, not attract residents or tourists. 🧵https://www.washingtonian.com/2025/07/08/interview-dc-mayor-muriel-bowser-her-blm-plaza-decision/
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
We don't have to address fiscal challenges through cuts to health and human services, and we should reject plans that roll back our commitments as a District to equity and inclusion and our efforts to lead the nation in policies that help achieve that. 7/7
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
We have all of the evidence in the world—from real life work in DC’s communities to research and analysis—showing us that investing health care, child care, housing, cash strategies and work supports, are the pathways to ending poverty and achieving equitable growth. 6/
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
We have the choice to raise revenue to weather this storm, particularly as DC’s wealthiest residents stand to benefit from the tax cuts advancing through Congress. 5/
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
It proposes damaging cuts to our system of health coverage—one that made us 2nd in the nation for insurance coverage—particularly harming those ineligible for Medicaid. 51st.news/dc-health-in...
51st.news
Thousands in D.C. could lose health coverage under budget plan
Under financial and political pressure, the mayor is moving to roll back public coverage for low-income and undocumented residents.
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
Instead of leaning into what we know works, the DC budget proposal being debated reverts to failed policies like work requirements and eligibility redeterminations, and it carves enormous holes into our local safety net. 3/
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
We face a storm unlike any we’ve seen before. The Senate just passed a bill that guts essential pieces of the nation’s social safety net. And it is precisely for that reason that we call on our elected leaders to meet the moment. 2/
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ericawilli.bsky.social @ericawilli.bsky.social · 02/07/2025
DCFPI joined other anti-poverty organizations to raise the alarm: The proposed budget will set back DC’s progress towards alleviating poverty and hurt our ability to support residents in the future. 🧵
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ericawilli.bsky.social @ericawilli.bsky.social · 30/06/2025
17 million people will lose their health coverage. For tax cuts for the wealthiest. And that’s to say nothing of the ripple effects across communities and lots of local economies. Truly mind blowing.
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ericawilli.bsky.social @ericawilli.bsky.social · 24/06/2025
ICYMI: researchers out of UPenn and Yale say that the reconciliation bill's assault on health care through slashing of Medicaid and ACA coverage would cost 51,000 people their lives annually ldi.upenn.edu/our-work/res...
ldi.upenn.edu
Potential Mortality Impact of the Reconciliation Bill
Colleagues from Penn LDI & Yale School of Public Health compiled research detailing the potential mortality impacts of the GOP’s Budget Reconciliation Bill
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DC Fiscal Policy Institute @dcfpi.bsky.social · 24/06/2025
"If football stadiums drove economic activity, Landover would be at least an above-average suburban destination for shopping and entertainment. Instead, the old Landover Mall site decays behind chain-link fencing roughly a mile from Northwest Stadium, the Commanders’ current home."
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Allison Orris @aorris.bsky.social · 23/06/2025
This suggests that Republicans may add yet another deeply harmful health care cut to the Senate bill – a cut that would take health coverage away from even more people, shift massive, unaffordable costs to states, & could even lead some states to end their #Medicaid expansion.
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