Rhode Island Public Expenditure Council
Support RIPEC
Facebook Twitter Linkedin Youtube

Rhode Island Public Expenditure Council

Tax Policy

Rhode Island Property Taxes in FY 2026: Higher Increases and Growing Tax Shifts

Business Climate, Housing, Municipal Finance, Tax Policy / By

Rhode Island Property Tax Update Higher Tax Increases in FY 2026 Burdens Continue to Shift to Businesses and Renters In FY 2026, about one in five municipalities exceeded the state-mandated 4.0 percent levy cap, andoverall property tax increases were higher than at any point in the last decade. As these increasestake hold, landlords, renters, and

Rhode Island Property Taxes in FY 2026: Higher Increases and Growing Tax Shifts Read More »

The Economic Risks of Rhode Island’s Millionaire’s Tax Proposal

Budget, Expenditures, Revenues, State Finance, Tax Policy, Taxation / By

Rhode Island’s Millionaire’s Tax Proposal The Economic Risks of Becoming Less Competitive and Losing Taxpayers Governor Daniel J. McKee has proposed adding a fourth income tax bracket in his FY 2027 budget, which would tax income over $1.0 million at 8.99 percent—a 50 percent increase over the current 5.99 percent top rate. RIPEC’s analysis  finds

The Economic Risks of Rhode Island’s Millionaire’s Tax Proposal Read More »

Highlights on the Governor’s FY 2027 Budget Proposal

Budget, Expenditures, Revenues, State Finance, Tax Policy, Taxation / By

RIPEC Brief Finds Governor’s FY 2027 Budget Holds State Spending in Check as Key Tax and Borrowing Decisions Await General Assembly On January 15, 2026, Rhode Island Governor Daniel J. McKee released his proposed state budget for fiscal year (FY) 2027, which begins on July 1, 2026, along with budget revisions for the current fiscal

Highlights on the Governor’s FY 2027 Budget Proposal Read More »

RIPEC Analyzes November Revenue and Caseload Estimates

Budget, Revenues, Tax Policy, Taxation / By

Despite Steady Revenue Growth and Drop in Medicaid Enrollment, Structural Deficit Still Looms Over Rhode Island Rhode Island’s Revenue and Caseload Estimating Conferences play a central role in the state budget process by setting the available general revenues and the expected expenditures for Medicaid and other public assistance programs. The November 2025 Conferences provided updated

RIPEC Analyzes November Revenue and Caseload Estimates Read More »

How Rhode Island Taxing and Spending Compares

All, Municipal Finance, State Finance, Tax Policy / By

How Rhode Island Compares: State and Local Taxing and Spending How Rhode Island Compares uses the most recent available state and local revenue and expenditure data—for fiscal year (FY) 2023—to compare taxing and spending in the Ocean State to the United States and the New England region. Across 31 revenue and spending categories, this report

How Rhode Island Taxing and Spending Compares Read More »

RIPEC Analyzes FY 2026 Spending in State Budget

Budget, Revenues, Tax Policy, Taxation / By

Austerity Deferred Despite Softening Revenues and Federal Uncertainty After a period of extraordinary growth in state revenues and expenditures, Rhode Island continues to expand spending at a relatively high rate despite slowing general revenues and the uncertainty of future federal funding. Much of the increased spending in the FY 2026 budget is supported by one-time

RIPEC Analyzes FY 2026 Spending in State Budget Read More »

RIPEC Analysis Shows Income Tax Hike in RI Risks Negative Economic Consequences

Economic development, State Finance, Tax Policy / By

PROVIDENCE, RI –  The Rhode Island Public Expenditure Council (RIPEC) today released a policy brief analyzing proposed legislation that would sharply raise the state’s top income tax rate from 5.99% to 8.99% on income above about $625,000. The proposed 50% increase—targeting the state’s highest earners—would risk negative long-term consequences for state revenues and the economy,

RIPEC Analysis Shows Income Tax Hike in RI Risks Negative Economic Consequences Read More »

RIPEC Reports on Rhode Island’s Shift in State and Local Taxes and K-12 Funding

Education, Municipal Finance, Tax Policy / By

PROVIDENCE, RI –  The Rhode Island Public Expenditure Council (RIPEC) has released a new report analyzing a major shift in Rhode Island’s mix of state and local tax revenues, with significant implications for education funding, the state’s economy, and housing affordability. RIPEC’s report finds that Rhode Island’s tax system has undergone a profound transformation in

RIPEC Reports on Rhode Island’s Shift in State and Local Taxes and K-12 Funding Read More »

Shifting Burdens in Rhode Island’s Property Tax System

Municipal Finance, Tax Policy / By

PROVIDENCE, RI – The Rhode Island Public Expenditure Council (RIPEC) released a report today finding that Rhode Island’s property tax system is rife with disparities among taxpayers and across cities and towns. Building on a RIPEC 2022 analysis of property taxes, the report found that an extreme uptick in residential property values over the past

Shifting Burdens in Rhode Island’s Property Tax System Read More »

RIPEC Analyzes Rhode Island’s Business Tax Climate

Business Climate, Economic development, Tax Policy, Unemployment Insurance / By

PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today its analysis of Rhode Island’s business tax climate, finding that the state has improved its standing in the Tax Foundation’s Business Tax Climate Index from 42nd to 41st but still ranks in the bottom ten states. RIPEC’s brief also assesses potential tax law changes

RIPEC Analyzes Rhode Island’s Business Tax Climate Read More »

Scroll to Top

Sign Up For Our Newsletter