Rhode Island has a poverty rate of 14%, according to a scorecard from the Corporation for Enterprise Development, a national think-tank.
The Economic Progress Institute of Rhode Island holds its annual policy conference Thursday to tackle the complex issue of poverty in the Ocean State. Rhode Island Public Radio's Elisabeth Harrison sits down with that organization’s executive director, Kate Brewster.
The business community is applauding a proposed cut in Rhode Island’s corporate tax rate.
In his latest budget, Governor Lincoln Chafee calls for cutting the corporate tax from 9 to 7 percent over three years.
Greater Providence Chamber of Commerce head Laurie White calls that a smart move. “It would be a welcome change. It’s not a game-changer. There are lots of factors that contribute to positive business climate rankings and profile, but this is certainly a welcome step.”