Tag: Millionaires Tax
Connect with Commerce: Businesses can still pay 5.99% PTET rate
(Editor’s note: This is the fourth in an occasional series focused on questions from Providence Business News readers for R.I. Secretary of Commerce Stefan...
McKee signs $15.2B fiscal 2027 state budget
PROVIDENCE – Gov. Daniel J. McKee on Friday signed the state’s $15.2 billion fiscal year 2027 budget that begins July 1.
Joined by General Assembly...
Do you support a phased-in millionaires tax expected to be approved...
A proposed three-year phase in of a so-called “millionaires tax” that would gradually raise the top tax rate on income above $1 million to...
House’s millionaires tax phase-in plan fails to sway business opposition
PROVIDENCE – Business opposition to Rhode Island’s proposed “millionaires tax” is holding firm despite a three-year phase-in included in a House-approved budget plan, according...
House panel OKs $15.2B budget with phased-in wealth tax, inspector general
PROVIDENCE – A key House panel on Friday approved a $15.2 billion fiscal 2027 state budget that includes a phased-in wealth tax and funding...
Rhode Island: Where often is heard a discouraging word on the...
“Underperforming” is how Emily Mandel, senior economist at Moody’s Analytics, characterized Rhode Island’s economic forecast through the end of the decade.
Her words of caution...
RIPEC: Rhode Island’s economy losing ground
PROVIDENCE – The Rhode Island economy has lost ground over the past decade due to an over-reliance on low-productivity industry sectors and government spending,...
Leaning on fewer people for more revenue is risky for R.I.
I spend a lot of time walking factory floors, sitting with founders and shaking hands with people trying to build something in Rhode Island.
Not once in those conversations...
Should state lawmakers approve a surtax this year on income over...
Gov. Daniel J. McKee and his chief rival in the Democratic gubernatorial primary, Helena Buonanno Foulkes, have both proposed a so-called millionaires tax.
McKee unveiled...
Grow the tax base. Don’t squeeze it with millionaires tax
I’m writing this from Matunuck Atelier, restaurateur Perry Raso’s newest venture.
The room is alive, the staff moves with purpose and Guests lean in. Another...
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