Tax Foundation: R.I. has 7th-highest dependence on property taxes

Nancy Lavin

08/26/2022

RHODE ISLAND has the seventh-highest reliance on property taxes of any state nationwide, according to fiscal 2020 analysis by the Tax Foundation. /COURTESY THE TAX FOUNDATION — RHODE ISLAND has the seventh-highest reliance on property taxes of any state nationwide, according to fiscal 2020 analysis by the Tax Foundation. / COURTESY THE TAX FOUNDATION

PROVIDENCE – Rhode Island relies on property taxes more than most states, with more than 40% of its annual tax revenue coming from state and local property taxes, according to a new report by the Tax Foundation. The 42.7% of state tax revenues that came from state and local property taxes in fiscal 2020 was…

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