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Gina Raimondo on Tax Reform

 

 


Cut car tax & unemployment insurance tax

We've made all this progress while cutting taxes every year. So let's continue on that path by cutting the car tax again this year for every single Rhode Islander. Let's also cut taxes for small businesses, who for almost 25 years saw no relief from their unemployment insurance taxes. Tonight, I'm proud to announce the third cut in unemployment insurance taxes since I took office.
Source: 2020 Rhode Island State of the State address , Jan 14, 2020

OpEd: Raimondo wants tax increases

It's the week before Christmas and Rhode Island Governor Gina Raimondo is imitating the Grinch--but instead of stealing Christmas, she's headed straight for your wallets. In an interview with the Providence Journal Raimondo listed at least three potential tax increases: "I just have to find some money. It could come from anywhere. It could come from an income tax. It could come from a sales tax. It could come from a fee."
Source: Republican Gov. Assoc. on 2022 Rhode Island Governor race , Dec 20, 2019

Reduced the corporate minimum tax

Our economy is stronger. We've cut our unemployment rate by more than half since it reached a peak of over 11 percent in 2009. Employers across our state--many of them small, locally-owned businesses--have created thousands of jobs since I stood before you at this time last year. After years of marching uphill toward recovery, we have finally regained all the private sector jobs that were lost in the recession.

Our business climate is stronger. Last year, we cut our unemployment insurance tax for the first time since 1992, saving employers $30 million. We eliminated the sales tax on energy and reduced the corporate minimum tax. And it's all paying off. Because of the hard choices we've made together and the strategic investments we've protected, businesses are finally taking a fresh look at Rhode Island.

Source: 2017 State of the State address to Rhode Island Legislature , Jan 17, 2017

Cut car tax by at least 30%

Let's give every Rhode Islander the car tax relief that they deserve. The budget I'll send you on Thursday will cut every Rhode Islander's car tax by at least 30 percent, putting more than $50 million back in your pockets.

As we come together to begin this work, let's commit ourselves to reform that's fair, fiscally responsible, sustainable in the long run and provides relief for every Rhode Islander.

Source: 2017 State of the State address to Rhode Island Legislature , Jan 17, 2017

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Page last updated: Jul 13, 2021