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DLT: R.I. insurance trust fund down $138M, borrowing inevitable

PROVIDENCE – As state unemployment claims continue to rise, the money available to pay out benefits is going down. The state’s insurance trust fund had...
R.I. DEPARTMENT OF LABOR AND TRAINING Director Scott R. Jensen says the state’s quick reaction to the COVID-19 pandemic and its transparency in releasing unemployment data has skewed how Rhode Island’s workforce appears to be faring in comparison with other states. / PBN FILE PHOTO/ RUPERT WHITELEY

R.I.’s jobless numbers standing out

Early indicators suggest the economic shutdown created by the new coronavirus may be hitting the labor force in Rhode Island harder than in most...
RHODE ISLAND has been identified by multiple reports as having one of the highest rate of unemployment filings as a share of labor force in the country amid the COVID-19 pandemic. / AP FILE PHOTO/PAUL SANCYA

Reports: R.I. unemployment filings as share of workforce rank among highest...

PROVIDENCE – Two reports have found that Rhode Island has been one of the hardest-hit states in the country due to the COVID-19 pandemic,...
ADJUSTMENTS: Donna Murray, left, assistant director of labor market information at the R.I. Department of Labor and Training, goes over changes to Rhode Island’s unemployment and temporary disability insurance tax laws with Margaux Fontaine. / PBN PHOTO/MIKE SKORSKI

R.I. makes changes to unemployment, TDI taxes

Many Rhode Island employers could see a reduction in the amount of unemployment insurance tax they pay, while employees are on the hook for...
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...
RHODE ISLAND had the fourth highest top marginal individual tax rate in New England. / COURTESY TAX FOUNDATION

Report: R.I.’s top marginal income tax rate fourth highest in N.E.

PROVIDENCE – Rhode Island’s top tax marginal individual tax rate for 2019 is 5.99 percent, fourth highest in New England, according to the Tax...
RHODE ISLAND ranked as the No. 26 most reliant state on federal aid in a comparison of federal aid as a percentage of total general revenue. / COURTESY TAX FOUNDATION

Study: R.I. middle of pack for federal aid reliance

PROVIDENCE – Rhode Island was the No. 26 most reliant state on federal funding, according to a new report from the Tax Foundation released...
RHODE ISLAND RANKED No. 37 in the Tax Foundation's 2019 Business Tax Climate Index. / COURTESY TAX FOUNDATION

Tax Foundation: R.I. ranks No. 37 for state business tax...

PROVIDENCE – Rhode Island ranked No. 37 on the Tax Foundation’s 2019 State Business Tax Climate Index, one spot better than its revised 2018...
A TAX FOUNDATION report shows Rhode Island among the states with the highest wireless-service tax rates in the nation.

Report: Rhode Island ranked No. 7 for highest wireless taxes in...

PROVIDENCE – A new Tax Foundation report shows Rhode Island with the seventh-highest combined federal/state/local tax rate in the country on wireless phone service...
A NUMBER OF ANALYSIS have been released on the new GOP-backed tax code proposals / BLOOMBERG FILE PHOTO/ANDREW HARRER

From job creation to income distribution, multiple analyses of tax proposal...

PROVIDENCE – The most recent tax reform bill, the Tax Cuts and Jobs Act, proposed Nov. 2 in the House of Representatives, contains tax...

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