2017 federal tax law likely to squeeze revenue for parts of R.I. and Mass.

BRISTOL AND KENT counties were identified as “at risk” for a decline in tax revenues due to changes made in the Tax Cuts and Jobs Act of 2017. / COURTESY STANDRAD AND POOR'S
BRISTOL AND KENT counties were identified as “at risk” for a decline in tax revenues due to changes made in the Tax Cuts and Jobs Act of 2017. / COURTESY STANDRAD AND POOR'S
PROVIDENCE - The federal Tax Cuts and Jobs Act of 2017 is likely to create benefits for some municipalities and burdens for others, mainly through changes in tax revenues, which, in turn, could have an impact on factors like a region’s credit quality and real estate markets. Standard & Poor's Global Ratings conducted a study…

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