taxes

Tax Hike For Woonsocket Residents

Don Borman — Thu, 23 May 2013 20:18:08 +0000

A tax hike is on the way for Woonsocket residents. The House has passed a supplemental tax leaving home owners with additional $240 dollars a year 5 year period. The tax will help close the city’s 17 million dollar budget gap. Woonsocket City Councilman Roger Jalette says he does not support the proposal.

It's Tax Day in Rhode Island

Flo Jonic — Mon, 15 Apr 2013 11:53:56 +0000

Monday is the deadline for filing state and federal income taxes.

The Rhode Island Division of Taxation says state returns are coming in slightly slower than last year because of last minute changes to the federal tax code. As of last week, 75 percent of Rhode Islanders had filed. That’s down about three percent from last year. However, refunds are up three percent to an average of $530.

Neil Downing, a chief revenue agent for the state Division of Taxation, said people who file late pay significant penalties.

Bonus Q+A: Stenhouse on Why Rhode Island Isn't More Competitive

Ian Donnis — Fri, 22 Mar 2013 18:25:00 +0000

Mike Stenhouse, CEO of the Rhode Island Center for Freedom and Prosperity, joins us on Bonus Q+A to talk about the center's mission, its proposal to eliminate the sales tax, its report card on Rhode Island's competitiveness, and other issues.

Political Roundtable: Stenhouse says Eliminating the Sales Tax Would Spark RI's Economy

Ian Donnis — Fri, 22 Mar 2013 13:00:00 +0000

Mike Stenhouse, CEO of the Rhode Island Center for Freedom and Prosperity, joins the Roundtable this week to discuss his center's sales tax elimination plan; the debate over high-stakes testing, Woonsocket's reliance on Food Stamps, and the outlook for the 2013 Red Sox.

TGIF: 12 Things to Know About RI Politics + Media

Ian Donnis — Fri, 08 Mar 2013 21:21:14 +0000

Welcome back to my weekly column. As always, your tips and thoughts are welcome at idonnis (at) ripr (dot) org. Let's get to the list.

Political Roundtable: Ward Concerned About Tax Impact on CVS jobs

Ian Donnis, Scott MacKay and Maureen Moakley — Fri, 08 Mar 2013 09:00:00 +0000

Woonsocket City Council President John Ward visits the Roundtable this week to talk about the outlook for fiscal stability in the northern Rhode Island community; the debate over tax policy in Rhode Island; and how to keep more young workers in the Ocean State.

Woonsocket Council Prez Ward Concerned About Possible Tax Hit for CVS

Ian Donnis — Thu, 07 Mar 2013 19:56:20 +0000

Woonsocket City Council President John Ward is concerned that jobs provided by CVS Caremark Corporation could vanish if the company loses a big chunk of a state tax credit.

"Based on their reaction, I'm a little concerned," Ward said, referring to how CVS lobbyist Robert Goldberg said the company may reconsider its ties to Rhode Island if it loses part of a job development tax credit worth about $15 million a year.

Tax debate heats up in Rhode Island as some push for a "game-changer"

Ian Donnis — Wed, 06 Mar 2013 16:41:28 +0000

The debate over tax policy is heating up as the House Finance Committee gets set to hear testimony Wednesday on Governor Lincoln Chafee's proposed cut to the corporate tax.

Highlights:

Gov. Chafee: RI Taking a Methodical Approach to Improving the Economy

Ian Donnis — Wed, 20 Feb 2013 20:52:16 +0000

Gov. Lincoln Chafee says the findings in a new report are part of the process of improving Rhode Island’s economy.

The report centers on the state’s business climate and found Rhode Island has made some progress in cutting taxes but they’re still perceived as being a potential roadblock to attracting new business. It also found gaps in funding for start ups.

Chafee says the process is part of what he calls a methodical approach his administration is using to target a better economy.

Political Roundtable: Gov. Chafee calls his budget an investment in the future

Ian Donnis — Fri, 18 Jan 2013 09:00:00 +0000

Gov. Lincoln Chafee joins Political Roundtable this week to talk about his budget, Rhode Island's economy, and regional competition for a better tax climate. Also joining me in the discussion are RIPR political analyst Scott MacKay and guest panelist David Klepper from the Associated Press.