Public Policy
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The R.I. Department of Revenue collected $27.6 million less than expected in March, meaning the monthly total general revenue of $305 million fell 8.3 percent short of the $333 million originally projected, the department reported Tuesday. more
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report. more
Rhode Island’s economic outlook ranked No. 41 among the 50 U.S. states according to the 2014 ALEC-Laffer State Economic Competitiveness Index released Tuesday by the American Legislative Exchange Council. Rhode Island’s ranking at No. 41 in the 2014 report was an improvement over last year, when the Ocean State landed at No. 45. more
When you’re raking in tens of billions in profits by helping credit-elite borrowers purchase homes, couldn’t you lighten up on fees a little for everyday folks who’d also like to buy? more
PROVIDENCE – A state representative has introduced legislation aimed at encouraging so-called “angel” investors to give backing to Rhode Island businesses. more
There is an interesting aspect to the definition of “appetizer.” A secondary definition after its main meaning – a food or drink usually served before a meal to stimulate the appetite – describes an appetizer as a before-dinner food served if there is to be a long wait for the main dish. more
BOSTON – Massachusetts’ highest court has heard arguments from three major utilities seeking to overturn record penalties stemming from their response to two major storms in 2011, The Associated Press reported last week. more
Preet Bharara’s March 31 speech was little noticed outside a small gathering of legal and compliance executives in Manhattan. He delivered it on the day Wall Street and the financial news media were obsessing over the contention in Michael Lewis’ latest book that high-frequency traders have “rigged” the stock market. more
Commerce in the West Elmwood neighborhood near Providence’s Armory District is a shadow of its manufacturing heyday in the early 20th century. more
The R.I. Science & Technology Advisory Council has awarded more than $800,000 in grants to seven teams of researchers for projects on climate change and marine issues, as well as development of communications to bring those issues to the public, Gov. Lincoln D. Chafee announced Friday. more
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