REGULATION

R.I. sees 63% growth in high-income taxpayers

COURTESY THE TAX FOUNDATION
THE NUMBER OF high-income taxpayers in Rhode Island grew 63 percent from 1999 to 2009, according to a new report from The Tax Foundation. For a larger version of this map, click HERE
Posted 6/7/12

WASHINGTON – The number of high-income taxpayers in Rhode Island grew 63 percent from 1999 to 2009, according to a new report from the Tax Foundation.

The number of Rhode Island taxpayers earning over $200,000 – minus the percentage growth of all taxpayers – grew from 7,616 in 1999 to 12,416 in 2009.

Rhode Island ranked 18th in the country for its increase in high-income taxpayers.

Comparatively, North Dakota took the top spot with an increase of 144.53 percent and Michigan ranked last with an increase of only 17.6 percent.

Massachusetts ranked 24th for growth nationally, with a 58.5 percent increase in high-income taxpayers over the 10-year period.

Overall, Rhode Island saw a 4.2 percent growth in all tax returns filed between 1999 and 2009. In 2009, 501,586 Rhode Islanders filed tax returns, up from 481,564 in 1999.

To view the full report, visittaxfoundation.org.

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News