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NATIONAL GRID has agreed to rebate $7.9 million to ratepayers as the result of a settlement with the state over over-collections that occurred after the 2017 corporate tax rate cut. / COURTESY NATIONAL GRID

National Grid signs settlement to return $7.9M to ratepayers related to...

PROVIDENCE – National Grid Rhode Island signed a settlement to reimburse ratepayers $7.9 million related to rate overcollection following federal corporate tax rate cuts...
RHODE ISLAND had the lowest combined state and federal corporate income tax rate in New England as of July 1, 2018. / COURTESY TAX FOUNDATION

Report: R.I. has lowest combined corporate tax rate in New England

PROVIDENCE – Rhode Island ranked as having the No. 18 highest combined state and federal corporate income tax rate in the nation as of...
IN A WIDE-RANGING PRESS CONFERENCE a day after the midterm election, President Donald Trump said he was open to raising corporate tax rates in order to deliver a tax cut to middle-class Americans. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Trump says he’s open to raising tax to pay for middle-class...

WASHINGTON – President Donald Trump said he’s open to raising some tax rates to help pay for a bigger tax break for middle-class Americans. “If...
S&P 500 COMPANIES have saved an estimated $12.8 billion due to the recent adjustment to their effective tax rates. / BLOOMBERG

Corporate America is saving big on Trump tax-cut windfall

NEW YORK - America’s companies are swimming in cash thanks to the big cut in the corporate tax rate. The roughly 180 companies in the S&P...

Cut corporate taxes to boost growth

Like so many things in Washington, the debate over the effects of cutting the corporate tax rate has become too hot for its own...
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