Budget & Revenue
New IRS Rule Narrows Tax Loophole Abused in Virginia
Earlier this month, the Internal Revenue Service (IRS) finalized a new rule helping to narrow a tax loophole that had been abused here in Virginia. The rule prevents people or corporations from “double-dipping” when making donations to private or religious schools as explained here by the Institute on Taxation and Economic Policy (ITEP).
Federal Proposal to Boost Kids and Families Takes Step Forward in Congress
Supporting families means making sure each parent can provide for themselves and their children. That includes putting food on the table, keeping the lights on, having reliable transportation, and affording other basics.
Ten Years Behind: The Vital Role of Non-Instructional Staff in Promoting Successful Learning Environments and the Critical Need for Funding
Productive, safe learning environments where all students have the supports and resources to be successful depend on having sufficient staffing.
New Federal Tax Credit Proposals Would Help Families In Virginia
Decisions about tax policy reflect our values as a society and have a direct impact on our ability to support our families and contribute to our communities. No family should lack the basic resources necessary to thrive, and some federal policies are in place to specifically boost incomes for low and moderate-income families.
Standing at the Crossroads: Virginia has an Opportunity to Invest in an Equitable Future
Virginia is a wealthy state with the resources to invest in creating broadly shared opportunity and prosperity. How we...
Improved Working Families Tax Credits Would Give a Boost to Mothers and Children
This Mother’s Day, let’s remember that well-designed tax policy has a role to play in supporting moms and their families. For too many mothers, working at low wages means struggling to get by and to get ahead.
I-81 and Other Projects Get Funding Boost
For Virginia’s communities to thrive, the state needs to make ongoing investments, and that includes safe, well-maintained roads and highways. In Virginia, serious investments must include a serious discussion about revenues.
New Federal Proposal Would Raise Incomes and Support More Working Families and Children
Earning a paycheck should mean being able to provide for one’s family. However, many of Virginia’s low-income working families are struggling to make ends meet to keep up with rising costs like rent and expensive child care. A new federal proposal,
A Refundable EITC Helps Working Families in Every District: Spring 2019 Update
Over 600,000 of Virginia’s working families currently receive the federal Earned Income Tax Credit (EITC). For families struggling to...