Saturday, December 7, 2024

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PLANNING AHEAD: Brad McGuire, a tax partner at Blum, Shapiro & Co. in Cranston, and other accountants have been spending a lot of time talking with clients about possible changes to the estate and gift taxes under the Biden administration. / PBN PHOTO/MICHAEL SALERNO

Fear of heftier estate tax has R.I.’s wealthy worried

The potential of higher taxes on gifts and estates after Democrat Joe Biden enters the White House in January is giving a lot of...
TO TAX OR NOT? Tax policy is a hot-button political issue, and the Rhode Island Public Expenditure Council's most recent report on tax collections and other revenue sources for state and local government begs the questions: What would you change? / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Of these options for tax policy in Rhode Island, which should...

The Rhode Island Public Expenditure Council has come out with its 2018 analysis of Rhode Island’s state and local government tax collections and how...
MAKING AN IMPRESSION: Cranston Mayor Allan W. Fung has plans to reduce the state’s sales tax from 7 percent to 5 percent, paying for much of the drop in revenue by eliminating many of Gov. Gina M. Raimondo’s economic-development incentives. 
 / PBN PHOTO/RUPERT WHITELEY

Getting elected is the easy part, governing the state is hard

This week starts PBN’s series of gubernatorial candidate profiles. The collection of stories will include a Q&A format interview, as well as a sidebar...
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