Institute on Taxation and Economic Policy

Rhode Island

Providence Business News: Study finds R.I.’s poorest residents pay more taxes than wealthiest

January 16, 2015

“A new study says that taxpayers in the lowest-income bracket in Rhode Island can expect to pay nearly twice as much of their income toward state and local taxes as the wealthiest 1 percent. The study, “Who Pays?”, was released Wednesday by the Institute on Taxation and Economic Policy and the Economic Progress Institute.” Read […]

Go Local Providence: RI Ranks 5th Worst For Taxes on the Poor

January 16, 2015

“A study released Wednesday by the Institute on Taxation and Economic Policy (ITEP) and the Economic Progress Institute shows that the lowest income Rhode Islanders pay 12.5 percent of their income towards state and local taxes compared to the state’s wealthiest residents who pay 6.3 percent. Rhode Island now ranks 5th worst in the country […]

Economic Progress Institute: Making Work Pay for Working Families: Increasing the State’s Earned Income Tax Credit

January 16, 2015

Rhode Islanders who work full-time should be able to support their families. Yet, far too many are struggling to pay for housing, heat, food, and health care. Increasing Rhode Island’s refundable Earned Income Tax Credit to 20 percent from 10 percent would put hundreds of dollars back in the pockets of working families, improving their […]

WPRO: Low-income Rhode Islanders share an unfair portion of the tax burden

January 15, 2015

“Rhode Island now ranks as one of the top states for placing a large tax burden on the poor, according to the Economic Progress Institute. In a joint study, the Institute on Taxation and Economic Policy and the Economic Progress Institute states that Rhode Island ranks fifth worst in the nation due to collecting 12.5% […]

The Providence Journal: Study finds poorest Rhode Islanders paying higher percentage of taxes than wealthiest

January 15, 2015

Rhode Island’s poorest residents can expect to pay nearly twice as much of their income in state and local taxes than the state’s wealthiest 1 percent, according to a new study. That data ranks Rhode Island fifth-worst in the country for taxes on the poor, worse than its ninth-place ranking two years ago, according to […]

The Providence Journal: RI’s poorest residents pay higher percentage of income in taxes than highest 1 percent

January 14, 2015

“Rhode Island’s poorest residents can expect to pay nearly twice as much of their income in taxes than the state’s wealthiest 1 percent, according to a new study. That data ranks Rhode Island fifth-worst in the country for taxes on the poor, worse than its ninth-place ranking two years ago, according to a study released […]

Economic Progress Institute: 2014 Rhode Island Standard of Need

December 19, 2014

What it costs to live and raise a family in Rhode Island and how work supports help families meet basic needs Rhode Island is a beautiful state with sandy beaches, world class restaurants, and a vibrant arts and culture scene. Yet many workers in our state struggle just to pay for the basics, making it […]

Providence Journal: Immigrant says now is the time for advocacy

July 16, 2014

“The new definition of America, [journalist Jose Antonio Vargas] said, must acknowledge the reality that today’s immigrants, like those before, are here to stay. They contribute to the economy. Vargas said undocumented workers in the United States paid $11.2 billion in state and local taxes in 2010.“‘Here in Rhode Island,’ he said, ‘they pay $28 million in […]

Economic Progress Institute: Improve Rhode Island’s Earned Income Tax Credit to Help Hard-working Rhode Islanders

April 14, 2014

Rhode Island is among 25 states and the District of Columbia that offer a state EITC, but unlike most states, the credit is only partially refundable. Just over 83,000 Rhode Island taxpayers claimed the state’s EITC in Tax Year 2012 . The average credit was $119. Of those taxpayers receiving a credit, 73,119 received a […]

Economic Progress Institute: It is time to turn up volume on silent spending

May 16, 2013

To ensure Rhode Island uses its available resources in the most effective way possible, it’s time to subject tax breaks, that cost the State over $1.7 billion a year, to the same scrutiny given to money spent through the state budget. Read the Full Report

Economic Progress Institute: Enhancing the Economic Security of Low-Income Working Rhode Islanders by Increasing the State’s Earned Income Tax Credit Refund

May 16, 2013

The Earned Income Tax Credits (EITC) is widely recognized as an effective, short-term tool for lifting low-income working families out of poverty by encouraging work and supplementing low wages.  Rhode Island should enhance the effectiveness of its state EITC by increasing the refund available to low-wage workers.  This would put money in the pockets of […]

Go Local Prov: Rhode Islanders Speak In Favor of Raising Income Tax

May 8, 2013

(Original Post) Wednesday, May 08, 2013 GoLocalProv Politics Team An assemblage of Rhode Islanders, including labor leaders, municipal leaders, wealthy Rhode Islanders, Providence public school students, small business owners, economists and others, testified today in support of bill H-5751, sponsored by Representative Maria Cimini, that will increase the income tax rate from 5.99% to 7.99% […]

WPRI: Labor, liberals push income tax hike on wealthy in RI

March 13, 2013

Paiva Weed, Fox, Chafee skeptical about 7.99% rate Updated: Tuesday, 12 Mar 2013, 10:07 PM EDT Published : Tuesday, 12 Mar 2013, 5:25 PM EDT By Ted Nesi, WPRI.com Reporter PROVIDENCE, R.I. (WPRI) – A coalition of political progressives and labor leaders renewed their uphill battle to raise affluent Rhode Islanders’ taxes on Tuesday, arguing […]

The Providence Journal: Study says Rhode Island is one of 10 states with highest taxes on poor

January 30, 2013

(Original Post) January 30, 2013 12:01 amBy Katherine Gregg PROVIDENCE, R.I. — As the tax debate begins anew at the State House, a new study has identified Rhode Island as one of ten states with the highest taxes on the poor. The poorest Rhode Islanders paid 12.1 percent of their income in state and local […]

WPRI: RI taxes take most from poorest, least from the top 1%

January 30, 2013

(Original Post) January 30th, 2013 at 12:01 am by Ted Nesi under Nesi’s Notes, On the Main Site The Institute on Taxation and Economic Policy is out with its latest look at how much of their incomes different Rhode Islanders pay in state and local taxes, and the big headline hasn’t changed: the state’s tax […]

Rhode Island Poverty Institute: Improving Equity, Adequacy, and Efficiency in Rhode Island’s Tax Structure

January 14, 2013

This issue brief explains the importance of a sound tax system, with recommendations on improving the equity, adequacy and efficiency of Rhode Island tax structure.

Rhode Island Poverty Institute: Tax Incentive Disclosure and Accountability

January 14, 2013

“During the 2008 General Assembly session, legislation was enacted to require greater disclosure and accountability of tax credits received by corporations. The legislation required that information about six tax credits be released in three phases. Phase One, just released for the second year in a row by the Rhode Island Department of Revenue, lists the […]

The Poverty Institute: Rhode Island’s Hidden Spending: Tax Expenditures

January 14, 2013

Tax expenditures result in very large revenue losses to the state.  Over the years, Rhode Island has given up billions of dollars in potential tax revenue through tax expenditures.  Every other year, the Rhode Island Department of Revenue publishes a Tax Expenditures Report detailing the more than two hundred tax expenditures and their annual costs. […]

The Poverty Institute: A 21st Century Sales Tax Why Governor Chafee’s plan to modernize the sales tax is necessary

January 14, 2013

Rhode Island must modernize its antiquated sales tax in order to maintain investments in public services that improve our quality of life, protect our families and businesses, and help grow our economy. Today, we have one of the most narrow sales tax bases in the country, and our collections from this important source of revenue […]

Providence Business News: Study: R.I. taxes take most from poorest

January 7, 2013

(PDF of the Original Post) Published online Nov 24, 2009 Study: R.I. taxes take most from poorest Poor pay 11.9% of income; offsets cut richest’s share to 5.6% By Ted Nesi PBN Web Editor PROVIDENCE – Rhode Island’s poorest residents pay more than double the amount of taxes that the state’s wealthiest residents do as […]

The Providence Journal: Details of new state budget seep out

January 7, 2013

(PDF of the Original Post) PROVIDENCE –– The General Assembly on Wednesday is expected to unveil a state budget that hikes Rhode Island’s gasoline tax, tightens pension rules for state workers and teachers and eliminates certain tax breaks for high earners. But the legislature’s spending plan for the coming year –– still under negotiation as […]

The Providence Journal: Study suggests eliminating R.I.’s capital gains tax break

January 7, 2013

(PDF of the Original Post) 01:00 AM EDT on Saturday, March 21, 2009 By NEIL DOWNING Journal Staff Writer Rhode Island could save more than $49 million a year by eliminating the favorable tax treatment that the state currently allows on capital gains, a new report says. Rhode Island is one of only nine states […]

Providence Business News: Op-Ed: Governor’s plan is irresponsible

January 7, 2013

(PDF of the Original Post) Guest Column: Jeff McLynch In recent remarks, first to a gathering of the nation’s mayors and then again before a collection of governors from across the country, President Barack Obama issued stern warnings to local officials about the use of the billions of dollars in federal stimulus funds they are […]

The Providence Journal: Protect income-tax progressivity in R.I.

January 7, 2013

(PDF of the Original Post) 01:00 AM EST on Sunday, November 16, 2008JEFF McLYNCH WASHINGTON IT ISN’T VERY OFTEN that one of life’s maxims can be applied to state tax policy. Many hands make for . . . a lot of exemptions? A penny saved is a penny . . . deducted? Yet, judging from […]

The Providence Journal: Some tax exemptions in other states border on ludicrous

January 7, 2013

(PDF of the Original Post) By RANDAL EDGAR Journal State House Bureau The tone was somewhat glum as the Poverty Institute held its annual state budget conference on Friday, in anticipation of Governor Chafee’s budget address this week, but there were some moments of levity. One came during a presentation by Meg Wieghe, of the […]