Republican gubernatorial candidate Ken Block announced his “Block Plan” to “fix Rhode Island,” should he be elected governor.
Block outlined a series of major tax reforms he would pursue, including reducing the corporate sales tax from 9 percent to 7 percent. That would make it the lowest in New England.
He also called for eliminating a $500 minimum tax for new businesses. Block said the current tax policy makes Rhode Island an uninviting place for businesses and entrepreneurs.
“The collective effect of what we’ve done to Rhode Island over the course of decades, in terms of tax policy, has made us a highly uncompetitive state,” said Block.
Block faces Cranston mayor Allan Fung in the Republican primary. He ran for governor as a moderate in 2010, coming in fourth with 6.5 percent of the vote.
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