Business Excellence Awards
Please Join PBN to Celebrate the 2014 Business Excellence Award Winners on Novem ...
Today is tax day, so it is as good a time as any to discuss the future of taxation in Rhode Island.
With the state's budget deficit so large, the state's political leaders have no choice but to consider modifying Rhode Island’s tax structure. Gov. Donald L. Carcieri set the ball in motion by creating a special panel to recommend changes in the state's tax code starting in fiscal year 2010.
Now that the state has passed the supplemental budget for fiscal year 2009, the governor and the General Assembly cannot avoid the topic any longer.
One idea that many have talked about is changing the state’s sales tax by lowering it while at the same time broadening what it taxes, including professional services and purchases of items such as newspapers. Where do you stand on the matter?