The Providence Journal: Study finds poorest Rhode Islanders paying higher percentage of taxes than wealthiest
media mentionRhode 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 a study called “Who Pays?” that was co-released on Wednesday by the Institute on Taxation and Economic Policy, in Washington, D.C., and the Economic Progress Institute.