Currently, millennials of color are worse off than their parents when it comes to wealth expectations. So, if one of the goals of federal policymakers is to reduce racial income and wealth disparities, the proposals outlined are a good start. Tax reforms included in the budget package making its way through Congress would help by boosting incomes and making raising children more affordable—two things that would help millennials of color thrive in today’s economy.
Brakeyshia Samms
Brakeyshia joined ITEP in August 2021 as a state policy analyst. Previously, she was a senior associate with Pew’s Fiscal Federalism Initiative. At Pew, she researched tax policies and public programs at the intersection of the federal-state fiscal relationship. Before Pew, she was a state policy fellow with Every Texan in Austin, Texas, through the Center on Budget and Policy Priorities’ postgraduate fellowship program. She holds a bachelor’s degree in political science and history from the University of Texas at Tyler and a master’s degree in public policy from George Mason University. She is a proud native of Carrollton, Texas.