Paging Karl Marx. Karl Marx, please. Three left-leaning think tanks think businesses should be taxed to subsidize lower Washington Metro fares.
The progressive outfits — the Virginia-based Commonwealth Institute, the DC Fiscal Policy Institute and the Maryland Center on Economic Policy — have declared their opposition to a region-wide one-cent sales tax to fund the Washington metropolitan region’s decrepit Metro heavy rail and bus systems. Such a tax would fall disproportionately on poor families, they argue, taking five times the share of income from the bottom 20% of earners when compared to that of the top 1%.
“It does not make sense to add an extra cost to families who already struggle from stagnant wages, rising housing costs, and Metro fare hikes and service cuts,” says the joint position paper. “Black and Latino families are more likely to be living on low incomes than white families, which means that a sales-tax approach would ask communities of color to devote a greater share of their incomes toward fixing Metro.”