![]() Specifically, this report recommends reforming the tax treatment of investment, business, and retirement income as well as homeownership and various tax credits for families. This report focuses on one of many areas where state governments can advance racial equity: personal income tax reform. The lasting effects of these inequities compound over time.įully addressing these disparities will require a concerted effort across policy areas at all levels of government. Racist policies such as redlining and discrimination in lending have denied countless Black families the opportunity to become homeowners or business owners, creating vast differences in intergenerational wealth. An uneven system of public education funding advantages wealthier white people and produces unequal educational outcomes. ![]() Employment discrimination has denied good job opportunities to people of color. Historical and current injustices, both in public policy and in broader society, have resulted in vast disparities in income and wealth across race and ethnicity.
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