Be they ever so humble, new incentives important for R.I.

Former Gov. Lincoln D. Chafee had an oft-repeated mantra – improve the overall conditions for business and hide the incentives, and companies will beat a path to your door. That approach arguably may have worked during his tenure as mayor of Warwick. But it didn’t go far during his term as governor. Enter Gov. Gina

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  1. The best way to produce the necessary funds to repair RI’s bridges and roads is to reduce RI’s fuel tax on gasoline and diesel fuel to 20 cents per gallon. Many vehicles that now pass through RI would stop and buy their fuel in RI because RI would have the lowest fuel prices in New England. Many nearby Massachusetts and Connecticut drivers would buy their fuel in RI. Local truck stops and gas stations located near Interstate highway ramps would expand and improve their facilities to attract customers. Employment at RI’s fueling stations would increase and every RI driver and business would receive a tax cut. The cost of goods and services in RI would decrease. The number of gallons of fuel sold in RI each year would more than double and increase RI’s fuel tax revenues by over 30%. Over $175 million would be available each year to fund the repair of RI’s bridges and roads.