By PBN Staff
I think the C2B transactions would actually help retail stores and people employed in retail stores in RI. There are very few internet fullfillment companies in RI of any significance so there is no need to give other companies in other states the 6% sales tax advantage over the retail stores that are here.
Its the new broadened sales taxes that will hurt companies within the state. Same as the other business reporting and taxing issues.
"We have a spending problem, not a revenue problem."
The budget must be cut in half immediately, and then we have to cut more.
RI is worse off then the federal government which is collapsing as we speak.
While it is probably too late to save the state and the nation, it's still worth trying. Cut! Cut! Cut!
Did Governor Chafee not see the memo that the sales tax in Massachusetts is now 6.25%? He must have missed that one, because I don't see how bringing ours an imperceptible 25 cents per every 100 dollars spent lower than theirs going to send MA residents flocking across the border to shop in RI stores. They'd spend far more in gasoline to get here than they'd save. But then again, I don't imagine that our trust-fund baby governor ever loses a moment of sleep over the price of gasoline. Oh, wait a minute -- maybe, just maybe, in his rainbows and lollipops idea of a new Utopian Rhode Island, Massacusetts residents will surge over the border aboard a standing-room-only MBTA train , bound for the TF Green train station that nobody is using. Just one problem there - the shopping malls and centers are on the other side of the city!