Our Turn: Linda Katz and Karen Malcolm: Governor’s Medicaid cuts go too deep

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By Linda Katz and Karen Malcolm When Rhode Island’s General Assembly passed the state’s 2018 budget, it did something unprecedented. The legislators passed a budget bill that directed Gov. Gina Raimondo to find $25 million in “undistributed savings,” requiring no legislative oversight and depriving the public the opportunity to weigh in on how the savings would be achieved. In early …

U.S. Census Bureau data show Ocean State economy still leaves 1 in 8 Rhode Islanders with poverty level incomes

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US Census Bureau data released in September show that while the overall poverty rate in Rhode Island continues to decline, reflecting ongoing improvement in the economy since the Great Recession, the poverty rates for the state’s Latino and Black families remain more than double the rate for White, non-Hispanic families. The overall poverty rate in 2016 was 12.8 percent, down from the recent peak poverty …

Here’s What the Republican Tax Plan Would Mean for the Average Trump Voter

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By Alana Abramson Republicans in Congress have argued that they must pass their tax reform proposal to keep their voters happy as the party heads toward the 2018 midterm elections. But it’s an open question how the Republican tax plan would affect the average Trump voter. “I think it would impact different parts of the base differently,” says William Gale, …

Understanding the proposed ‘Ballpark at Slater Mill’ for the Pawtucket Red Sox

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The City of Pawtucket, the Pawtucket Red Sox (‘PawSox’), and the State of Rhode Islandhave partnered to propose the construction of a ‘Ballpark at Slater Mill’ (‘Ballpark’). The estimated cost of building the Ballpark is $96 million, which includes site preparation costs ($10 million), the actual construction of the Ballpark ($73 million), and $13 million in additional financing costs. The vast majority of this …

People on the Move in R.I.: Week of Oct. 22, 2017

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Economic Progress Institute The Economic Progress Institute has welcomed three new members to its board of directors. Julie DiBari, of Newport, is the CEO of the Capacity Group and has extensive experience creating measurable, sustainable impact for organizations. For the past six years, she has also taught in the MBA program at Providence College. Robert Ferreira, of Providence, is a principal at …

Trump’s tax plan to benefit wealthiest Rhode Islanders, many face tax increase

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By Steve Ahlquist The wealthiest Rhode Islanders would receive the greatest benefit from the GOP and President Donald Trump‘s proposed tax cut plan, while nearly 1 in 5 Rhode Islanders would see their taxes increase by over $1,800. The analysis come from the Institute on Taxation and Economic Policy (ITEP) which concluded that the “top one percent of Rhode Island …

Trump Tax Reform Package Would Give RI’s Top 1% Nearly 2/3 of Total Cuts, Says Group

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GoLocalProv News Team The newest congressional tax reform package would give Rhode Island’s top one percent nearly two-thirds of total cuts, according to a new analysis released by the Institute on Taxation and Economic Policy. The “tax reform framework” released by the Trump administration and Congressional Republican leaders, “would fail to deliver on its promise of largely helping middle-class taxpayers,” …

Report: Proposed tax changes would disproportionately benefit top 1% of R.I. earners

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PROVIDENCE – The latest proposed tax reform framework supported by President Donald Trump and U.S. House Speaker Paul Ryan would disproportionately benefit the top 1 percent of earners in Rhode Island, according to an Institute on Taxation and Economic Policy report issued last week. Sixty-five and two-tenths percent of tax breaks would be for the top 1 percent of earners …