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RIPEC: Legislative proposals could significantly worsen R.I.’s business tax climate

PROVIDENCE – While Rhode Island has marginally improved its national standing on the Tax Foundation’s Business Tax Climate, bills before the General Assembly could...
SPEAKS WITH AUTHORITY: 
House Speaker K. Joseph Shekarchi talks before a joint legislative commission on plastic bottle waste before its meeting in December. Shekarchi has given caution signals about this year’s budget process because of a cloudy fiscal picture ahead. 
PBN PHOTO/MICHAEL SALERNO

Uneasy money: Worries about returning to deficits hang over General Assembly

The warning flags have been raised: Rhode Island legislators are about to return to reality. After two years of massive surpluses, state budget officials are...
BACK TO WORK: The General Assembly returned to work Jan. 2 with legislative leaders warning that the budget surplus this year will likely be much smaller than recent years. 
PBN FILE PHOTO/­CASSIUS SHUMAN

Party’s over in GA; will state lawmakers adjust?

State lawmakers started the last two General Assembly sessions with massive projected state budget surpluses and $1.1 billion in federal pandemic aid to hand...

How can Gov. Daniel J. McKee best help small businesses in...

Gov. Daniel J. McKee recently told PBN he’d like to know what type of support small-business owners would like to see in his fiscal...

Tax Foundation: R.I. ranks 41st for business-friendly tax climate

PROVIDENCE – The Tax Foundation, a nonpartisan tax policy research group on Tuesday released its 2024 State Business Tax Climate Index, showing a slight...
GOV. DANIEL J. MCKEE has proposed cutting the state's 7% sales tax to 6.85%, but not everybody's excited by the idea. / COURTESY GOV. DANIEL J. MCKEE'S OFFICE

McKee’s sales tax cut too small to matter much, some observers...

Gov. Daniel J. McKee's proposal to cut the state's sales tax from 7% to 6.85% is getting a tepid reception from policy analysts and...

Are you satisfied with the tax cuts and economic initiatives in...

Gov. Daniel J. McKee’s $13.8 billion spending plan for the next fiscal year proposes nearly $100 million in tax relief, including a reduction in...

McKee prioritizes tax cuts, education in $13.8B budget for fiscal 2024

PROVIDENCE – Gov. Daniel J. McKee on Thursday released a $13.75 billion spending proposal for the next fiscal year, an increase of $148.6 million...

Cannabis revenue uncertain

Rhode Island has given five retail dispensaries a significant head start in the state’s nascent recreational marijuana industry. An argument can be made those dispensaries,...

Tax Foundation: R.I. ranks 42nd for business-friendly tax climate

PROVIDENCE – Rhode Island is again listed among the states with the worst tax environments in the nation, ranking 42nd in a new report...
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