Thu March 3, 2011
Edwards' bill would cut sales tax to 3 percent
By IAN DONNIS
PROVIDENCE, R.I. – Rhode Island's sales tax would be cut from seven percent to three percent under a bill being introduced Thursday at the State House.
State Representative John Edwards' bill would gradually reduce the sales tax over four years. He says this would make Rhode Island more competitive.
Edwards says his bill has an edge on Governor Lincoln Chafee's plan to add a one percent sales tax on currently exempt items
"Mine does not include food, clothing, or medicine, or the marine industry, and his specifically does include all those items," the Tiverton Democrat says. "Mine is just more poor-and-elderly-appealing.
Edwards says he expects some elements of his bill to cut the sales tax to be included in the House budget. Chafee will present his budget on Tuesday evening.
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