Strategies: Racial Wealth Building

Evidence-informed strategies to close the racial wealth divide. These solutions account for historical practices that established and maintain the wealth divide– and reduce wealth inequities by increasing income and assets, expanding employment opportunities, removing barriers to quality education, and increasing access to homeownership. 

24 Strategies
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Refundable child and dependent care tax credit

Offer a refundable tax credit to working families with qualifying children or other dependents that receive care outside the home (e.g., a spouse with disabilities)

Evidence Rating:
Expert Opinion
  • Income

Unemployment insurance (UI)

Increase compensation provided to unemployed workers looking for jobs by expanding eligibility, amount, or duration of benefits

Evidence Rating:
Some Evidence
  • Income

Universal basic income

Provide all individuals with regular cash transfers, without conditions, over their lifetimes

Evidence Rating:
Expert Opinion
  • Income