R.I. is ‘tough on retirees’

WASHINGTON – Rhode Island is “particularly tough on retirees” according to a report by business forecast and personal finance publication Kiplinger. The Ocean State taxes up to 85 percent of Social Security benefits similar to the way the federal government does and it taxes “virtually all other sources of retirement income,” according to Kiplinger. While…
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  1. One would think that besting three New England neighbor states could have a more positive spin than this sad piece. I think a big part of RI’s image problem is self-inflicted by our own “accentuate the negative” inclination.