Spending cuts feared by state officials − including cuts in federal Medicaid payments − do not become effective until 2028, ...

The Rhode Island General Assembly concluded a busy 2025 legislative session with a sweeping array of new laws and funding boosts ...

This "tier 2" tax would also double, to $7.50 per $1,000. The current tax does not change that the "conveyance tax" on over $800,000 is only levied on residential properties.

This tax rate is lower, sometimes significantly so, than the property tax rate, paid yearly, in most cities and towns. The bill passed by the House also calls for increasing the "tier 2" tax on ...

529 State Tax Deductions More than 30 states and the District of Columbia allow families to deduct 529 contributions from their taxable income. For a couple earning $100,000 and contributing ...

First, Gov. McKee presented the $14.2B budget. Then, the General Assembly had to take it and rework it to plug the holes.

RI POLITICS R.I. considers taxing the rich to help offset federal cuts Advocates call for 3 percent tax on income above $625,000, but opponents warn the bill could hurt the state’s ...

A near constant stream of advocates, rallies and press conferences at the State House means critical budget negotiations are underway.

Rhode Island advocates are pushing for a 3% tax on high earners to fund social programs and address budget shortfalls. Proposed funds would support RIPTA, Medicaid, education, and healthcare ...

According to the Rhode Island Marine Trades Association, the state’s marine trades sector accounts for more than 13,300 jobs and $2.65 billion in gross sales.

Considering state taxes only, paying taxes on $300,000 of taxable income (adjusted gross income) would leave a single taxpayer or married taxpayer filing separately with $275,447.15. $300,000 is ...

According to the Rhode Island Marine Trades Association, the state’s marine trades sector accounts for more than 13,300 jobs and $2.65 billion in gross sales.