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DC Passes mansion Tax With 2025 Budget | Urban Turf

June 13, 2024
  • D.C. Policy Center

On June13, 2024, A D.C. Policy Center article was cited by Urban Turf:

The DC Policy Center recently put out a chart looking at the neighborhoods that have the highest volume of homes affected by the new tax.

“Georgetown is home to the most properties assessed above $2.5 million, at 515 properties, or 20 percent of its total properties,” the post stated “Of all neighborhoods in the District, Massachusetts Avenue Heights has the highest percentage of properties assessed above $2.5 million, with 50.7 percent of all properties in the neighborhood falling into that category. Over 50 percent of the estimated increase in tax revenue will come from three neighborhoods: Georgetown, Kalorama, and Massachusetts Avenue Heights.”

Read More: DC Passes Mansion Tax With 2025 Budget
Additional reading: Chart of the week: Proposed “mansion tax” would generate tax revenue from small group of D.C. property owners


D.C. Policy Center

Established in 2016, the D.C. Policy Center is a non-partisan research and policy organization committed to advancing policies for a strong and vibrant economy in the District of Columbia. Through rigorous research and collaboration, the D.C. Policy Center develops and tests policy ideas, disseminates its findings, and engages in constructive dialogue and debate.

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