Skip to main content

It’s time to tax the wealthiest and invest in a Rhode Island that works for all of us

Massachusetts,Rhode Island,Business

From the Left

As a nonprofit organization, RIBBA is committed to closing the wealth gap in Rhode Island by empowering all residents to thrive and fostering equitable opportunities for future generations. At its core, this legislation is simple: a 3 percent surtax on income above $625,000. That means the first $625,000 earned remains untouched. Only around 5,700 out of more than 500,000 Rhode Island taxpayers would be affected, just over 1 percent. In return, the revenue generated would be a game changer for working families, small business owners, and underserved communities across the...

AllSides Picks

More News about Business

News from the Left

News from the Center

News from the Right