Budget & Revenue
New Report: Virginia Can Raise $992 million with New Wealth Proceeds Tax
Enacting a state tax on proceeds generated by wealth, such as capital gains, dividends, and passive business income, through a...
Virginia’s Federal Jobs Landscape Amid a Potential Federal Shutdown
In response to the pending federal shutdown at midnight on September 30, 2025, this adaptation of a March 2025 TCI...
Trump’s Signature Budget Bill to Cost Virginia Families More Each Year
Although some costs remain unknown, federal cuts to SNAP alone are expected to cost Virginia up to $355 million in...
Impacts of Recent Federal Bill (OBBB) on Virginia’s Budget
Virginia’s budget is crucial for investing in our communities and building a Virginia where everyone can thrive. In addition to...
Data Complicates Governor’s Narrative Around the Role Taxes Play in Where People Move
While data on the number of people who move to and from Virginia has been used to push tax proposals...
Taxes Rarely Impact Where We Move, But They Can Improve Where We Already Live
Virginia can be a place with great public schools for every student, where working people have the resources they need...
Virginia Impact Report: How the Congressional Reconciliation Bill will Impact Our Communities
We all want to live in a place where people have enough to eat and can access medical care when...
TCI Statement on Signing of Reconciliation Bill That Threatens to Take Away Food and Health Care from Hundreds of Thousands of Virginians
Freddy Mejia, Policy Director of The Commonwealth Institute for Fiscal Analysis, today issued the following statement condemning the signing of...
The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in Virginia
This is a joint report with the Immigration Research Initiative (IRI). Key Findings The Fuller Story Our neighbors who...