Welcome! Login | Register
 

Moore: Will PawSox Move be a Sweetheart, Insider Deal?—Moore: Will Pawsox Move Be A Sweetheart, Insider…

David Brussat, Dr. Downtown: The Red Sox and the PawSox—Pawtucket’s Triple-A baseball team was a feeder of…

NEW: RI Gas Prices Rise 8 Cents From Last Week—Rhode Island gas prices have gone up eight…

Smart Benefits: RI’s Uninsured Down Nearly 4% in 2014—According to a recent Gallup-Healthways Well-Being Index

Henton’s 25 Points Lead #25 PC Past Marquette, 77-66—Friars beat Marquette 77-66 to earn 10th conference…

College Admissions: 6 Biggest Lies in College Admissions—Make sure you're wise to their lies...

Well-Read: Reading With Robin - (It really is) All About That Book..and a few giveaways!*—What started out in 2002 with the selection…

URI Holds On For 59-56 Win Over La Salle—URI beats La Salle 59-56, Stays in first…

Brown FallsTo Princeton 80-62 on Senior Night—Brown falls 80-62 to Princeton on senior night.

Tobacco Free RI to Celebrate 10 Year Anniversary of Smoke Free Workplaces—Sunday, March 1 will mark the 10 year…

 
 

RISC Calls for Phased in Reduction of State’s Corp Tax Rate

Thursday, January 17, 2013

 

The RI Statewide Coalition (RISC) is commending Governor Chafee for holding the line on overall taxes and calling for a phased in reduction of the state’s corporate tax rate, but also expressing disappointment about the lack of any galvanizing proposals to set the state on an economic recovery path and reverse its long term high unemployment.

“It’s good the Governor now recognizes any new taxes would be a disaster for Rhode Island and the state will benefit from the changed corporate tax rate proposal, no question,” states RISC Executive Director Donna Perry. “But overall he failed to articulate a coherent galvanizing vision for how Rhode Island is going to reverse course out of a depressed economy, dead last rankings, and a widening inability to match its workforce with jobs. Where are the bold initiatives? They are just not there and it’s disappointing.”

RISC says the address reflected a mixed commitment to help local communities. His plan to send $20 million in state aid to local cities and towns, especially distressed communities, is an important step toward holding down the need for local tax hikes. However, RISC notes there was no mention of a planned effort to bring back last year’s municipal relief package aimed at municipal pension reform and cutting excessive personnel costs that weigh down city and town budgets. “It’s a step forward by Chafee to provide aid to communities and keep property taxes from any new hikes, however it’s concerning to see no mention of a renewed attempt at municipal relief and municipal pension reform.”

Perry says the Governor’s proposed budget commitments to public education and infrastructure are solid pieces of his overall plan. “The state needs to continue the strides it’s making to improve the performance of its public schools, as well as reverse poor rankings for the condition of our roads and overall infrastructure and so the Governor is right to make those investments."

RISC is the state’s leading non-partisan taxpayer advocate citizen’s group.

 

Related Articles

 

Enjoy this post? Share it with others.

 
 
:)