Some good news for Rhode Island’s state budget: income and sales tax receipts are up over last year’s totals.
That’s the report from the state Department of Revenue comparing state revenues through October with the same period last year. Income tax collections are 3 percent about last year and sales levies are up 4.3 percent, according to data released today.
On a more sober note, state gambling tax collections are down 1.3 percent from the same period last year.
Nothing is certain in life except death and taxes. RIPR political analyst Scott MacKay says it may be time for Rhode Island to get out from under this cliché.
Once again, conservative groups and business leaders are lobbying for big changes to Rhode Island’s estate tax. Called the ``death tax’’ by opponents, this tax is levied upon Rhode Island estates of more than about $922,000.
Rhode Island’s General Assembly convenes a new session Tuesday. RIPR political analyst Scott MacKay explains why this year’s legislature may sound a lot like last year’s.
By now, most of us have cleared our heads of those New Year’s hangovers. That’s not the case for Rhode Island’s 113 lawmakers.
The 2014 Assembly that convenes tomorrow will resemble nothing so much as the …2013 Assembly. The reason for this is all too evident: As has too often been the case, the Smith Hill Crowd decided not to decide some big, prickly issues last session.