October 4, 2023
The Half Sheet
Beyond Fiscal Impact Statements: Understanding the Racial Equity Impacts of Public Policy Choices
Some cities and states are seeking to make the expected impact of proposed public policies on different communities more transparent through preparing racial equity impact analyses
In Funding High-Poverty Schools, Virginia Gets a Failing Grade
Virginia is one of just six states in the nation where the wealthiest school districts receive more funding per student than the poorest districts, according to a new report from the National Center for Education Statistics.
A Statewide Solution to Rising Individual Health Insurance Costs
Across the country states are turning to reinsurance pools as a way to decrease health insurance costs and stabilize the individual market.
Virginia’s Tax Choice: Another Break for the Rich or a Targeted Boost to Virginia’s Working Families
Virginia’s tax system is upside down. People earning low or moderate wages pay a higher share of their income in state and local taxes than the very wealthiest individuals, and most corporations pay no state corporate income taxes at all.
Capital Spending on Virginia’s K-12 Schools Way Down
Virginia’s school buildings seem worse for wear with examples mounting across the state from Southwest Virginia to Richmond to Norfolk of leaking roofs, broken faucets, mold, infestation, insufficient space, and faltering heating and cooling systems.
The Rural-Urban Divide is Visible in Virginia’s Recovery
Working people in every part of Virginia took a hit during the Great Recession. While the economy is improving overall since then, the benefits of recovery have not been evenly distributed.
Racial Inequity Has Serious Consequences for Black Men
Virginia should be a place where every family can benefit from the economy, find adequate housing, and get a good education. Many Virginians can; however, over 920,000 hardworking Virginians live in poverty, which limits opportunities for themselves, their families, and their communities.
The Cost of Sales Tax Holidays
This coming weekend is Virginia’s annual “sales tax holiday.” Although sales tax holidays are pitched as a way to help families on back-to-school shopping, this policy provides little help to families who are most struggling to afford school supplies. Like other tax breaks, the cost of the sales tax holiday has to be made up somewhere in the state budget – either in the form of lower spending or higher taxes. And this one comes with a serious price tag of about $4.6 million per year in forgone state revenue – revenue that could be used to invest in schools.
Sales and Excise Taxes under the Microscope: Impacts by Race
Virginia’s tax system plays a key role in shaping economic opportunity by paying for the building blocks of thriving communities like schools, roads, and libraries. Sales taxes on consumer goods and excise taxes on specific items like gasoline or tobacco products are a significant component of our state
A Fair and Accurate Count: Why the Census Citizenship Question Is A Bad Idea
Every 10 years, the Census Bureau conducts the Decennial Census to obtain a headcount of every individual living in the United States. This provides highly valuable information that is critical to keeping our governments and local communities functioning.
Virginia’s 10-Year Tide Hasn’t Lifted All Boats
2008 was 10 long years ago, but the effects of the Great Recession are fresh enough that the nation’s worst economic downturn since the Great Depression is still an open wound. In light of new jobs and wages data, just how far has Virginia’s economy bounced back to work? And who is it working for?
Immigration Has Broad Benefits by Increasing Opportunity
One in eight Virginians is an immigrant to the United States. New Virginians often come seeking a better life for themselves and their families. And Virginians – whether born-heres or come-heres – value that Virginia is a good place to raise a family. The good news is that there is a general consensus among economists that immigration energizes the economy and expands opportunity for U.S.-born individuals as well. A new report provides critical new information on how.