Budget & Revenue
Where Virginia Stands When It Comes to Modernizing Our Tax Code
Creating broadly shared opportunity and prosperity relies on lawmakers choosing to invest our shared resources in the building blocks...
Session 2024: Key Budget Policy Choices
Comparing the introduced, legislature-passed, and governor’s amendments for the 2024-2026 budget The governor has released his proposed changes to...
Statement: Governor Proposes Significant Cuts to Legislature’s Historic Public Education and Other Key Priority Funding Proposals
Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement regarding...
K-12 Funding in Legislature-Passed Budget Compared to Governor’s Introduced Budget (by Locality)
The budget passed by the General Assembly provides an additional $1.2 billion more for public...
Modern and Fair: Expanding the Sales Tax to Reflect the “New Economy”
In order to have a budget that makes critical investments in community needs, like public education, health care, and...
Budget Conferees Say No To Tax Breaks for Millionaires, Yes to Historic K-12 Funding and More
Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement regarding...
How House and Senate Budget Proposals Would Impact Virginia Communities
When lawmakers make bold choices to raise resources, we can invest more in all of us. Last week, the...
Statement: Money Committees Reject Worst of Governor’s Tax Package, Make Stronger Investments in Education, Health, and More
Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement regarding...
Key Senate Money Subcommittee Defeats Gov. Youngkin’s Tax Giveaways for the Wealthy
Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement on...