Do RI Corporations Really Need A Tax Break?
This week, both the House and Senate finance committees considered legislation that would reduce the corporate income tax from 9 percent to 7 percent over the next three years. The move, as always, is touted as a way to make Rhode Island’s business climate more competitive with our neighboring states’. While Rhode Island’s corporate tax [...]
Real Key To Fixing R.I.’s Business Climate
On Tuesday, amendments to the state’s tax code regarding the corporate income tax rate was reviewed by the Senate Committe on Finance. The amendments, straight from the desk of Gov. Lincoln Chafee, would lower the tax rate on corporate profits from 9 percent to 7 percent over the next three years. While the proponents of [...]
Union Objects to Taxes Funding ALEC Costs
Writing on behalf of the 80,000 members of the AFL-CIO, union leaders George Nee and Maureen Martin sent a letter to every member of the legislature asking that ALEC memberships not be funded with taxpayer money. “If the views and priorities of ALEC align with your personal beliefs, then by all means remain a member,” [...]
Taxpayers Are Funding Legislators’ ALEC Memberships
Rhode Islanders taxpayers are funding legislators’ memberships in ALEC, the American Legislative Exchange Council, said House spokesman Larry Berman. He said the state paid $800 in January for eight new members (more than 20 percent of the legislature are members) that Rep. Jon Brien, a conservative Democrat from Woonsocket who was recently put on the [...]
Dem. Lawmakers Distance Themselves from ALEC
Democratic legislators distanced themselves from involvement with ALEC, the far right wing group that acts as a stealth lobby organization to state legislators, saying they signed up because Rep. Jon Brien asked them to do so. Many said they didn’t know much about the organization, even though it has been all over the news as [...]
More than 20% of General Assembly Involved with ALEC
More than 20 percent of Rhode Island’s General Assembly is affiliated with ALEC, the right-wing group sponsored by corporate America that drafts model legislation for use at state houses across the country, according to a list provided by Rep. Jon Brien, the state chairman and a member of the group’s board of directors. There are [...]
Liberals Love Profit Too
Lynn Neary of NPR recently interviewed Bill Frezza, a venture capitalist, about the business community’s responsibility for tackling unemployment. He bluntly said they didn’t have such a responsibility. Listen to the podcast here: http://gregmatos.com/blog/2011/10/liberals-love-profit-too
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