Rhode Island’s Democratic General Assembly leaders want to exempt pensions and social security from state income taxes. RIPR political analyst Scott MacKay wonders if this makes sense in our cash-strapped state government.
House Speaker Nick Mattiello, D-Cranston and Senate President Teresa Paiva Weed, D-Newport, have both said that one of their top priorities when the Assembly convenes in January is legislation that would end income taxes on pensions and social security.
Ernie Almonte, independent candidate for general treasurer, has picked up two union endorsements – the R.I. State Association of Fire Fighters and the R.I. Brotherhood of Correctional Officers.
``I am honored to be endorsed by Rhode Island fire fighters and correctional officers,’’ said Almonte, in a statement. ``As treasurer I will work tirelessly to restore confidence in Rhode Island’s finances and ensure those who have dutifully paid into their pension plans never have to worry about their retirement hanging in jeopardy.’’
The two democrats running for General Treasurer traded barbs yesterday during a televised debate less than a week before the September 9th primary. It was a contest between old school and new school.
Former state treasurer Frank Caprio is trying to get his old job back after an unsuccessful run for governor. He didn’t miss an opportunity to criticize his opponent political newcomer Seth Magaziner for his lack of experience.
In December, 1991 Bill Clinton swooped into Providence for a University Club fund-raiser for his nascent presidential campaign. He arrived at Green Airport in a small private plane and was met by former Providence Mayor Joseph Paolino, Suzanne Magaziner and her young son.
As Clinton got off the plane, he reached out and patted the young boy on the head. ``Hey Seth, how areyah?, said the Arkansas governor in the drawl that would become known around the world after his 1992 election as president.
In most protracted court battles, a settlement reached after tortuous year-long negotiations marks the end of a lawsuit and allows the parties to move forward. Often the lawyers celebrate and perhaps even share an odd drop together.
That wasn’t the case Friday. The proposed legal settlement between the state and the unions that represent public school teachers and state employees and retirees is just the beginning of a cumbersome ratification process that is sure to become ensnared in what is shaping up as a contentious political campaign season in Rhode Island.
Former Congressman Patrick J. Kennedy has endorsed Seth Magaziner for the Democratic nomination for Rhode Island state general treasurer.
In a news release, Kennedy said, ``I am proud to support Seth because I know he is the best candidate to move Rhode Island forward.’’
Kennedy also said, ``Not only will bring a steady hand to the state’s finances, he will bring new energy and fresh ideas that will put Rhode Islanders to work and make our state competitive in the 21st Century economy.’’