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Metro’s Board of Directors today is expected to approve a record 15-percent fare hike – “the largest increase in the transit agency’s history,” WJLA-TV reports:
For riders, the plan would mean a jump in rail fares to a $1.90 minimum during peak times, and a 20-percent hike for Metrobus trips, to $1.50. The peak-of-the-peak fare hike would be on top of the other increase, and apply to any trip taken between 7:30 and 9 a.m., and 4:30 to 6 p.m.
Meanwhile, D.C. Council has voted to extend the city’s six percent sales tax to sugary beverages including Gatorade, Red Bull and soft drinks – even not-so-sugary diet drinks. WRC-TV calls it “A New Tax That’s Hard to Swallow.”
But the price of everything isn’t going up. Like the cost of being rich. Washington Business Journal notes that Council yesterday rejected a proposal to boost the income tax on top earners.