The Half Sheet: You Can't Cut Your Way to Prosperity

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Virginia’s tax system is upside down. Regular Virginians pay a higher share of their income in state and local taxes than the wealthy and powerful. An array of recently proposed schemes to give new handouts to the wealthy and powerful would make it even more unfair. Virginians can’t afford that.  As part of our work to educate and inform the conversations and debates in Virginia around sound fiscal policy issues, we took a look at some of these ideas to see how they would impact Virginians at different income levels and the state budget when it comes to having the resources needed to invest in core public services.

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