Councilmember McDuffie Convenes Hearing on Child Wealth Building Act, Guaranteed Basic Income and Tax Policy
Hearing an important step to advance wealth equity legislation and investigate revenue streams in the context of a post COVID-19 recession For Release: Tuesday, May 25, 2021 Contact: Malcom Fox, 202-227-1701, mfox@dccouncil.us Washington, DC – Today, Ward 5 Councilmember and Chair of the Committee on Business and Economic Development Kenyan McDuffie convened a hearing to further develop wealth his Child Wealth Building Act, discuss the benefits of a guaranteed basic income pilot program, explore tax policy proposals and understand the long term impacts of the COVID-19 induced recession on our economic landscape. The four panels featured wealth equity and tax…