Institute on Taxation and Economic Policy (ITEP)

Rhode Island

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Tax Payments by Undocumented Immigrants

• By ITEP Staff

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

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Improving Refundable Tax Credits by Making Them Immigrant-Inclusive

• By Emma Sifre, Marco Guzman

Undocumented immigrants who work and pay taxes but don't have a valid Social Security number for either themselves or their children are excluded from federal EITC and CTC benefits. Fortunately, several states have stepped in to ensure undocumented immigrants are not left behind by the gaps in the federal EITC and CTC. State lawmakers should continue to ensure that immigrants who are otherwise eligible for these tax credits receive them.

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States Should Enact, Expand Mansion Taxes to Advance Fairness and Shared Prosperity

• By Carl Davis, Erika Frankel

The report was produced in partnership with the Center on Budget and Policy Priorities and co-authored by CBPP’s Deputy Director of State Policy Research Samantha Waxman.[1] Click here to use our State Mansion Tax Estimator A historically large share of the nation’s wealth is concentrated in the hands of a few, a reality glaring in […]

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State Rundown 6/13: Decisions are falling into place, but some states will come back for more

• By ITEP Staff

State budgets are falling into place as lawmakers near the end of their legislative sessions...

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Local Mansion Taxes: Building Stronger Communities with Progressive Taxes on High-Value Real Estate

• By Andrew Boardman

More than one dozen cities and counties levy progressive taxes on high-price real estate transactions — sometimes called mansion taxes — and over a dozen more are considering such policies. By asking buyers and sellers with greater financial means to contribute more to the common good, these policies are equipping communities with resources to make progress on critical challenges of local and national concern.

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State Rundown 3/6: Tax Cuts Aren’t Forever, or for Evers

• By ITEP Staff

Anti-tax interests finally found the end of the tax cutting appetite in a few states this week...

Video: ITEP’s Carl Davis Discusses ‘Who Pays?’ at Rhode Island Revenue Roundtable

• By Carl Davis

ITEP researcher Carl Davis joins the Economic Progress Institute (EPI) for Rhode Island's Revenue Roundtable.

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State Rundown 2/1: Black History Month Begins as Tax Debates Heat Up Nationwide

• By ITEP Staff

This week the showdown between the Kansas legislature and governor continued as Gov. Kelly vetoed the legislature’s latest attempt to pass a flat personal income tax. Elsewhere, the focus is on doing more for working families through proposals to expand refundable credits in Maryland and adding a millionaire tax bracket in Rhode Island. Meanwhile, there’s […]

State Tax Watch 2024

• By ITEP Staff

Updated July 15, 2024 In 2024, state lawmakers have a choice: advance tax policy that improves equity and helps communities thrive, or push tax policies that disproportionately benefit the wealthy, drain funding for critical public services, and make it harder for low-income and working families to get ahead. Despite worsening state fiscal conditions, we expect […]

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State Rundown 1/18: State Tax Priorities Taking Shape in 2024

• By ITEP Staff

Tax policy themes have begun to crop up in states as governors give their yearly addresses and legislators lay out their plans for the 2024 legislative season...

Rhode Island: Who Pays? 7th Edition

• By ITEP Staff

Rhode Island Download PDF All figures and charts show 2024 tax law in Rhode Island, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly 100 percent of state and local tax revenue collected in Rhode Island. State and local tax shares of family income Top […]

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Hidden in Plain Sight: Race and Tax Policy in 2023 State Legislative Sessions

• By Brakeyshia Samms

Race was front and center in a lot of state policy debates this year, from battles over what’s being taught in schools to disagreements over new voting laws. Less visible, but also extremely important, were the racial implications of tax policy changes. What states accomplished this year – both good and bad – will acutely affect people and families of color.

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Far From Radical: State Corporate Income Taxes Already Often Look Beyond the Water’s Edge

• By Carl Davis, Matthew Gardner

State lawmakers are increasingly interested in reforming their corporate tax bases to start from a comprehensive measure of worldwide profit. This provides a more accurate, and less gameable, starting point for calculating profits subject to state corporate tax. Mandating this kind of filing system, known as worldwide combined reporting (WWCR), would be transformative, as it would all but eliminate state corporate tax avoidance done through the artificial shifting of profits into low-tax countries.

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America Used to Have a Wealth Tax: The Forgotten History of the General Property Tax

• By Carl Davis, Eli Byerly-Duke

Over time, broad wealth taxes were whittled away to become the narrower property taxes we have today. These selective wealth taxes apply to the kinds of wealth that make up a large share of middle-class families’ net worth (like homes and cars), but usually exempt most of the net worth of the wealthy (like business equity, bonds, and pooled investment funds).The rationale for this pared-back approach to wealth taxation has grown weaker in recent decades…

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State Tax Credits Have Transformative Power to Improve Economic Security

• By Aidan Davis

The latest analysis from the U.S. Census Bureau provides an important reminder of the compelling link between public investments and families’ economic well-being. Policy decisions can drastically reduce poverty and improve family economic stability for low- and middle-income families alike, as today’s data release shows.

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Boosting Incomes, Improving Equity: State Earned Income Tax Credits in 2023

• By Aidan Davis, Neva Butkus

Nearly two-thirds of states (31 plus the District of Columbia and Puerto Rico) have an Earned Income Tax Credit, an effective tool that boosts low-paid workers’ incomes and helps lower-income families achieve greater economic security. This year, 12 states expanded and improved EITCs.

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State Rundown 6/22: Some Tax Debates Heat Up as Others Cool Off

• By ITEP Staff

Summer is here and many states nearing the end of their legislative sessions. Temperatures are rising in more ways than one in some state legislatures while others seem to be cooling off.

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State Rundown 6/7: The Budget Race Continues

• By ITEP Staff

Across the country, the marathon budget season has held pace, with a steady stream of bills continuing to cross the finish line...

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Extending Temporary Provisions of the 2017 Trump Tax Law: National and State-by-State Estimates

• By Joe Hughes, Matthew Gardner, Steve Wamhoff

The push by Congressional Republicans to make the provisions of the 2017 Tax Cuts and Jobs Act permanent would cost nearly $300 billion in the first year and deliver the bulk of the tax benefits to the wealthiest Americans.

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State Rundown 4/6: More SALT, Please

• By ITEP Staff

This week, a bill out of Arkansas that would cut the top personal income tax rate and the corporate income tax rate found its way to the governor’s desk...

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State Rundown 1/19: ITEP Provides a Roadmap for Equitable Tax Goals in 2023

• By ITEP Staff

State legislatures are buzzing as leaders and lawmakers jockey to advance their 2023 goals...

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State Rundown 1/5: State Taxes Coming in Hot in New Year

• By ITEP Staff

The new year often brings with it new goals and a desire to take on complex problems with a fresh perspective. Unfortunately, that doesn’t always apply to state lawmakers when considering tax policy...

The Economic Progress Institute: Rhode Island Standard of Need

• By ITEP Staff

With scenic beaches, culinary and arts communities, higher education institutions, and a vibrant celebration of culture, Rhode Island can be a wonderful place to live and to raise a family. Yet many Rhode Islanders work at jobs with wages that pay too little to meet even the most basic living costs. They experience multiple barriers […]

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State Child Tax Credits and Child Poverty: A 50-State Analysis

• By Aidan Davis

Regardless of future Child Tax Credit developments at the federal level, state policies can supplement the federal credit to deliver additional benefits to children and families. State credits can be specifically tailored to meet the needs of local populations while also producing long-term benefits for society as a whole

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State Rundown 10/5: Forecasting Ain’t Easy

• By ITEP Staff

Although the weather is beginning to cool down in parts of the country, the same cannot be said for many state economies, which are still running hot. That, however, doesn’t mean that the good times are guaranteed to last...