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 …

Sick Time Legislation Passed by Legislature – Now to Raimondo

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GoLocalProv News Team On Tuesday night, the RI General Assembly approved legislation championed by Representative Aaron Regunberg to “give earn paid sick time to more than 100,000 employees in the state as well as protecting all workers from retaliation for taking time off to care for themselves or a loved one.” The Healthy and Safe Families and Workplaces Act (2017-H …

It’s time for Rhode Island to go “back to school”

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As students at all levels head back to school in Rhode Island, it’s appropriate to examine the key role that education plays in lifting up wages and providing both individuals and communities with the tools necessary to fully engage in a rapidly evolving economy. Here in Rhode Island, the extent to which “education pays” is starkly evident – the median …

Facts and Stats: US Census Poverty and Income Data 2016

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In 2016, more than one in eight Rhode Islanders (12.8 percent) had income below the poverty level. The Ocean State had the highest rate of its residents living in poverty in the New England states and ranked 22nd among all states. The 12.8 percent overall poverty rate in Rhode Island in 2016 was a significant decline from the peak rate …

Letter: Douglas Hall: Middle-class wages are stagnant in Rhode Island

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The Sept. 3 news article “Fewer factory workers, more work in health care,” which documented changes in the “nature of work in Rhode Island,” hits some important points and notes that the shifts we’ve seen in the Ocean State largely reflect national trends. Two points bear further clarification, however. The first is that the loss of manufacturing jobs is most …

R.I. 6th best in nation for health insurance enrollment

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By Emily Gowdey-Backus PROVIDENCE – U.S. Census Bureau data from the 2016 American Community Survey shows more Rhode Islanders were covered for health insurance in 2016 than 2015 – a direct result of the Affordable Care Act, according to the Economic Progress Institute and R.I. KIDS Count. According to data released Tuesday by the federal agency, the percentage of uninsured …