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Budget & Revenue

February 28, 2020 | The Commonwealth Institute

Opportunities to Advance Racial Equity in Conference Budget

What’s included in the state budget communicates what and who the state values. That’s why it’s important to...
February 21, 2020 | The Commonwealth Institute

State Funding Proposals Include Regressive Tax Increases – Many without Offsets

Last week, the 2020 General Assembly session reached the point of the legislative calendar known as “crossover.” From crossover until the end of session, the House of Delegates only considers legislation that has passed the Senate, and the Senate only considers legislation that has passed the House (the lone exception is the budget bill).
February 14, 2020 | Chris Duncombe

What’s Holding Virginia Back from Solving Its “Math Problem” and Funding Our Schools – Virginia’s Tax System

This Sunday, House Appropriations and Senate Finance will release their proposed amendments to the governor’s 2020-2022 budget. Educators and advocates are hopeful to see critical investments in Virginia’s public schools that build upon the introduced budget, especially with continued economic growth bringing in additional revenues to the state budget.
January 14, 2020 | Chris Wodicka

State Tax Proposals Would Make Virginia’s Tax System More Fair

The 2020 General Assembly session offers an opportunity for state lawmakers to substantially boost investments into critical areas while also making Virginia’s tax system more fair.
December 23, 2019 | Chris Wodicka

The Deeply Flawed 2017 Federal Tax Law Turns Two

An economy that works for everyone means prosperity is shared widely: our communities can thrive, families are able to provide for themselves and their children, and opportunities are available to each person.
December 20, 2019 | Chris Wodicka

Proposed Tax Increases Would Be Regressive and Only Partially Offset

When it comes to investing in our state and communities, our state lawmakers have often turned to regressive taxes and fees as their preferred funding source.
November 20, 2019 | Kathy Mendes

Casino Gambling May Not Be Winning Jackpot For The Commonwealth

Recent media coverage and debate among state lawmakers shows that Virginia has interest in legalizing casinos. And on Monday, two bills were prefiled for the 2020 legislative session that would do just that.
November 19, 2019 | Chris Wodicka

Restoring Virginia’s Estate Tax Would Increase Funding for Services and Reduce Inequality

At the federal level, policy discussions increasingly revolve around wealth taxation as a potential funding source for ambitious proposals.
October 29, 2019 | Freddy Mejia

Healthier Virginia Families: A Refundable EITC Means More Than A Check

Health care ranks as one of the top issues of importance for people across our state. Discussions around health...
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