Press Release
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...
Report Highlights Urgent Opportunity to Support Good Jobs in Virginia Through Federal Investments
Virginia has a narrowing but critical window to turn historic federal investments into lasting gains for working people, families, and...
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...
New Data Shows Overall Steady Health Coverage and Progress for Family Incomes and Poverty in 2024; Trump-backed Policies Likely to Reverse Course
Concerning changes for Black households in 2024 may also worsen in 2025 The United States Census Bureau released new data...
Collective Bargaining for State Employees Could Improve Virginia Services and Workforce Stability
Virginia denies its state employees the right to collectively negotiate their pay, benefits, or other working conditions, leading to negative...
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...
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...
Mass Deportations Harm Virginia Communities and Our Economy
Removing community members en masse could result in a loss of millions per year in state and local tax revenue,...
ICYMI: Two Central Virginia Women Testify Before Congress to Highlight How Proposed Medicaid Cuts Could Hurt Their Families
As the U.S. Senate continues to consider legislation containing the largest cut to Medicaid in history, two women from Central...
New Report Summarizes Harm of House Reconciliation Bill for Virginia
House bill and inaction on enhanced ACA subsidies to take away health coverage from roughly 16 million nationally and make...