D.C. Council approves tax hike for high earners

http://dervishcom.blogspot.com/2011/09/dc-council-approves-tax-hike-for-high.html
The D.C. Council voted Tuesday to raise income taxes on residents who earn at least $350,000 annually, capping off a heated debate that revealed a deep philosophical divide on the city's chief legislative body.
In the 7 to 6 vote, the council agreed to raise the rate from 8.5 percent to 8.95 percent on about 6,000 District residents who have more than $350,000 in annual in taxable income.
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Source: http://feeds.washingtonpost.com/click.phdo?i=fe0d6fed1aeec0fc466d8ba197ebac4f
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