On Monday, July 9, RIPEC will release its annual analysis of How Rhode Island Compares, a report which examines the State’s relative ranking position on various taxes and other revenues. The report uses state and local government finances compiled by the United States Bureau of the Census for fiscal year 2005, the most recent year …
How Rhode Island Revenues Compare – 2007 Edition Read More »
Businesses in Rhode Island paid 46.0 percent of total state and local taxes according to a study published by Ernst & Young in conjunction with the Council on State Taxes. This RIPEC Comments analyzes the state and local taxes paid by businesses in the Ocean State and compares those tax payments to Massachusetts and Connecticut, …
Today RIPEC released a report encouraging an Investment-Based Budgeting process as a response to the proposed FY 2008 State Budget. The report provides a series of goals that RIPEC’s proposed Fiscal Get Well Plan incorporates. The goals of this plan include: A Three to Five Year Binding Cap on State Spending Growth. The Governor proposed …
In May 2000 RIPEC’s report, “A System Out of Balance – Rhode Island’s State and Local Tax System” urged that the Governor, General Assembly and private sector to support the efforts of the National Governors’ Association and others to streamline collections for state sales and use taxes in order to simplify the system and maintain …
Impact of the Streamlined Sales Tax Project on RI Read More »
On Tuesday, June 20, 2006, RIPEC will release its annual report, How Rhode Island Compares – 2006 Edition. This RIPEC report shows how Rhode Island’s state and local tax burden compares to the other 49 states both on a per capita basis and per $1,000 of personal income. This data is based on the most …
How Rhode Island Revenues Compare – 2006 Edition Read More »
On April 24, 2006, RIPEC released a report examining the state’s current income tax structure in order to answer the following question: Do high marginal income tax rates make a difference in attracting jobs to the Ocean State and retaining high income residents? The House leadership has introduced legislation that would reduce the state’s …
Taxes and Jobs – Do High Marginal Rates Make a Difference? Read More »
The proposed FY 2007 general revenue request of $3.2 billion represents a 1.0 percent increase from the FY 2006 Revised Budget. If one adjusts this for deferring uncompensated care payments and converting a portion of the Judiciary budget to restricted receipts, the Governor’s budget would increase by 3.3 percent over FY 2006. The following RIPEC …
Summary of the Governor’s FY 2007 Budget Request Read More »
This RIPEC report summarizes the findings of a property tax burden comparison among the fifty states developed in partnership with the National Taxpayers Conference – a national, nonprofit corporation whose members are devoted to the pursuit of objective analysis of public finance issues. The study surveys 53 urban and 50 rural cities across the United …
RIPEC commissioned Opinion Dynamics Corporation of Cambridge, Massachusetts to conduct a poll in order to gauge public opinion about tax and spending issues in the Ocean State. This report summarizes the main findings of a statewide telephone survey of 400 Rhode Island voters. Interviews were conducted during the evening and weekend hours of January 5 …
A Survey of RI Voter Opinions on Taxes and Spending Read More »
