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Budget & Revenue

November 20, 2025 | Megan Davis

Meeting Local Needs with Fairer Local Taxes

When our communities are well funded, we can all thrive. Virginia’s cities and counties are tasked with running services that...
November 12, 2025 | Megan Davis

Policy Choices to Protect and Increase Investment in Virginia Communities

To make sure every community in Virginia is a good place to live, work, and raise a family, we must...
November 12, 2025 | The Commonwealth Institute

As Budget Pressures Mount, Lawmakers Can Raise Significant Revenues and Protect Families by Updating Virginia’s Upside-Down Tax Code

As federal support declines, a new report highlights how fairer tax policies can help Virginia avoid harmful cuts and invest...
November 10, 2025 | Megan Davis

Tax Policy in Virginia

Originally published Sept. 2021; last updated Nov. 2025 When we invest together in the foundations that benefit all of us,...
October 30, 2025 | The Commonwealth Institute

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...
September 11, 2025 | The Commonwealth Institute

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...
September 11, 2025 | Levi Goren

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...
August 5, 2025 | The Commonwealth Institute

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...
August 5, 2025 | Megan Davis

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 Budget Breakdown

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