Tax-credit program needs strong oversight to pay off

PBN Staff

09/20/2019

BAD FOR TAXPAYERS? Gov. Gina M. Raimondo on Sept. 16 said a new Small Business Development Fund approved by state lawmakers was not good for taxpayers. She supports R.I. Commerce Corp.’s plans to create rules to ensure proper oversight of tax credits approved under the program.  / PBN FILE PHOTO/ MICHAEL SALERNO

Economic-development officials took a good step on Sept. 16 in agreeing to create clear rules ahead of the rollout of a new tax-credit program for small businesses. The program’s goals of encouraging private investment in small businesses are laudable. They are the backbone of the Rhode Island economy. And with fears of a looming national

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber