Vote Yes on this bill if you want Virginia to add a 10% tax on income over $1 million starting in 2026 and dedicate a share of that revenue to public schools, child care subsidies, and the housing trust fund without replacing existing funds.

Organizations that support this bill may include education advocates and teachers’ associations, child care and early childhood groups, affordable housing advocates, and progressive tax and social service organizations.

Vote No on this bill if you want to keep the current income tax structure without a new top bracket and avoid earmarking any new revenue for schools, child care, or housing.

Organizations that oppose this bill may include statewide business associations, chambers of commerce, anti-tax groups, and organizations representing high-income taxpayers and investors.