January 15, 2015

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

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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 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.

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