RIPEC: Rhode Island has not kept pace with other states on tax reforms

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THE RHODE ISLAND Public Expenditure Council in a new report said Rhode Island backslid in national business tax rankings because it has not kept up with other states where lawmakers have passed business-friendly tax reforms.
PROVIDENCE – As other states pass tax laws that improve their business climate, Rhode Island is falling farther behind, according to new analysis by the Rhode Island Public Expenditure Council. RIPEC in a recent policy brief analyzed the reasons behind Rhode Island’s declining ranking in the Tax Foundation’s 2023 State Business Tax Climate Index. The…

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