taxes

Economy
9:51 am
Fri April 25, 2014

Pawtucket Mayor Unveils Budget With No Tax Increase

Pawtucket Mayor Donald Grebien has proposed a budget that excludes any tax hike for residents or businesses. The proposed 112-million dollar budget includes buying a rescue vehicle to cut overtime costs, giving schools 600-thousand extra dollars, and setting aside money in the rainy day fund. Grebien said the arrival of new businesses, cuts in city staff, and grant revenue helped craft the budget.

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On Politics
12:48 pm
Tue April 15, 2014

Fung Proposes $200M Tax Cut Plan; Takes Dig at Block

Credit Ian Donnis / RIPR

Republican gubernatorial candidate Allan Fung on Tuesday unveiled a $200 million tax-cutting proposal that he billed as a way to jump-start Rhode Island's economy.

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RI News
1:03 pm
Wed April 2, 2014

Proposed Cranston Budget Doesn’t Hike Property Taxes

Budget proposed by Mayor Allan Fung does not raise property taxes.
Credit file / RIPR

Cranston residents will face no property tax increase next year under a budget proposed Tuesday night by Mayor Allan Fung. He has submitted a $262 million spending plan that would fully fund the city’s annual pension obligations while not hiking property taxes.

The average Cranstonian pays $5,000 a year in property taxes. Fung admits that’s high, but says just keeping taxes from rising has been a challenge given state funding cuts and the devastation caused by the great flood of 2010.

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On Politics
4:03 pm
Wed January 8, 2014

No Consensus On Tax Hike As Lawmakers Mull Income Inequality

Members of a union-backed coalition call for higher taxes on the wealthy during a 2013 Statehouse rally.
Credit Ian Donnis/File Photo / RIPR

State legislators are set to focus attention on the issue of growing economic disparity by viewing the Robert Reich documentary "Inequality For All" Wednesday afternoon. Yet there's little consensus on the most controversial way to tackle the issue -- raising the state income tax for upper-income Rhode Islanders.

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On Politics
11:26 am
Tue December 17, 2013

Fox Sounds Cautious Note on Proposed Sales Tax Cut

Advocates of eliminating or cutting Rhode Island's sales tax will make their last stand on December 30, for now at least, before a legislative commission presents its findings and recommendation to Smith Hill leadership. Yet House Speaker Gordon Fox isn't rushing to embrace proponents' argument that reducing the tax would be an economic catalyst.

Fox's spokesman, Larry Berman, says the speaker will carefully review the recommendations from the Special Joint Legislative Commission to Study the Sales Tax Repeal.

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