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City on right track with tax burden shifts

No one likes to see increased taxes but kudos to Providence city leaders for at least trying to raise them in the right places...
MAYOR JORGE O. Elorza on Tuesday unveiled a $567 million fiscal 2023 budget proposal with major cuts to city tax rates to offset higher property values. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Elorza proposes tax cuts to offset higher property values as part...

PROVIDENCE – As property values soar under a recent city revaluation, Mayor Jorge O. Elorza wants to slash tax rates for the fiscal year...
CHARITABLE GIVING: Bank of America CEO Brian Moynihan, left, meets with William F. Hatfield, center, market president in Rhode Island, and Trevor Koenig, communications executive, at the bank’s customer call center in East Providence. In addition to its customers, employees and shareholders, Moynihan said the bank has an obligation to its communities. He says the bank contributed about $200 million in charitable giving this year.  / PBN PHOTO/RUPERT WHITELEY


Bank of America CEO Brian Moynihan says a ‘high-tech and high-touch’...

When Brian Moynihan became CEO of Bank of America Corp. after Ken Lewis stepped down in 2010, he took the helm in a period...
LOOKING TO MAKE A CHANGE: Cranston Mayor and gubernatorial candidate Allan W. Fung is looking to reverse the outcome of the election four years ago, when he lost to Gina M. Raimondo for the top Rhode Island office. / PBN FILE PHOTO/RUPERT WHITELEY

Fung’s back! Do voters share his despair over the state’s direction?

Allan W. Fung, the nine-year mayor of Cranston, has launched a second campaign for governor, once again targeting now-incumbent Gina M. Raimondo, and pointing...
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