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
AllSides Media Bias Rating: 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...
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