sales tax - Providence Business News

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

Economic Activity 02/29/2024

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

Cover Story 01/05/2024

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?

Editorial and Op-Ed 01/05/2024

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...

Economy 11/24/2023

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

Economy 10/25/2023

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...

Economy 01/27/2023

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...

Economy 01/20/2023

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

Education 01/19/2023

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

Economy 12/09/2022

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,...