earned income tax credit
By Steve Ahlquist on February 23, 2017
RIPEC’s executive director John Simmons pulls out every bad economic argument he can in opposition to raising the minimum wage in Rhode Island despite acknowledging that the proposed increase is ‘relatively modest.’
Posted in California, Class Warfare, Connecticut, Corporate Greed, Economics, Featured, Labor, Maine, Massachusetts, Minimum Wage, New Hampshire, Poverty, Rhode Island, State House, Vermont, Washington | Tagged Congressional Budget Office, Douglas Hall, earned income tax credit, EITC, john simmons, Marvin Abney, minimum wage, Rhode Island Department of Labor and Training, Rhode Island Public Expenditure Council, RI DLT, RI House Finance Committee, RIPEC, S Department of Labor | Leave a response
By Steve Ahlquist on February 13, 2017
“Because of the impact of inflation,” said Hall, “any year in which we do not increase the minimum wage, we are effectively giving our lowest paid workers in this state a wage cut.”
Posted in Class Warfare, Corporate Greed, Featured, Inequality, Labor, Rhode Island, State House, Video | Tagged Bureau of Labor Statistics, Douglas Hall, earned income tax credit, Economic Progress Institute, EITC, EPI, Michael Araujo, minimum wage, Rhode Island Hobs with Justice | 4 Responses
By Steve Ahlquist on January 27, 2017
Rhode Island residents who make $54,000 a year or less may be entitled to an earned income tax credit as well as free tax preparation.
Posted in Economics, Featured, Poverty, Rhode Island, State House, Taxes, Video | Tagged Barbara Cottam, Ben Lessing, citizens bank, Community Care Alliance, Comprehensive Community Action, David Cicilline, earned income tax credit, Economic Progress Institute, EITC, Federal Hill House, gayle goldin, Gina Raimondo, Internal Revenue Service, IRS, James Langevin, Joanne McGunagle, jorge elorza, Providence VITA Coalition, Rachel Flum, Rhode Island Community Action Association, Rhode Island State House, RICAA, Sara Morales, Scotte Slater, seth magaziner, Sheldon Whitehouse, Tony Maione, United Way of Rhode Island, VITA, Volunteer Income Tax Assistance | Leave a response
By Steve Ahlquist on January 18, 2017
It’s important to realize that the estate tax is literally a tax on dead millionaires… and money is presumably meaningless to them unless they are trying to get into Christian Heaven, where Jesus will tell them they can’t. (Matthew 19:24)
Posted in Activism, Business, Civil Rights, Class Warfare, Corporate Greed, Economics, Featured, Inequality, News, Poverty, State House, Taxes | Tagged Bill Felkner, Bill Vernon, Deborah Ruggiero, donald trump, earned income tax credit, Economic Progress Institute, EITC, Estate Tax, General Assembly, Greater Providence Chamber of Commerce, jan malik, Jason Knight, Jesus Christ, John Hazen White Jr, Kate Brewster, Katie Davis, Laurie White, National Federation of Small Businesses, Nicholas Mattiello, patricia morgan, Providence Chamber of Commerce, R Kelly Sheridan, Ray Gallison, Robert Craven, Taco Inc | 2 Responses
By transportprovidence on January 17, 2017
Raimondo deserves a modest nod for choosing not to completely eliminate car taxes, a regressive plan that for some reason many progressives think would help economic justice.
Posted in Class Warfare, Featured, Inequality, Taxes, Transportation | Tagged aaron regunberg, art handy, block island, car tax, carbon tax, David Norton, Donald Carcieri, earned income tax credit, EITC, Fair Shot Agenda, Gina Raimondo, kennedy plaza, Nicholas Mattiello, pawtucket, Providence, Providence Journal, RIPTA | Leave a response
By Juan Espinoza on December 14, 2016
In order to improve the economic well-being of Rhode Islanders, the Economic Progress Institute recommends the following: ensure health coverage remains affordable for Rhode Islanders; increase both the Rhode Island Earned Income Tax Credit and the minimum wage; and expand access to subsidized child care assistance.
Posted in Economics, Featured, Inequality, News, Poverty, Rhode Island, Social Services, Taxes | Tagged earned income tax credit, Economic Progress Institute, minimum wage, Rachel Flum, Rhode Island Standard of Need, RISN, RIte Care | Leave a response
By Juan Espinoza on May 4, 2016
“Our analysis shows there is no good public policy reason to reduce state revenue by reducing the tax that is paid by only a small number of heirs of large estates,” says Douglas Hall, Director of Economic and Fiscal Policy at the Institute, “The state’s priority should be to help struggling working families.”
Posted in Class Warfare, Corporate Greed, Economics, Featured, Poverty, Rhode Island, State House, Taxes | Tagged Douglas Hall, earned income tax credit, Economic Progress Institute, EITC, Estate Tax, Nicholas Mattiello, Rachel Flum | 3 Responses
By Sen. Gayle L. Goldin and Rep. Scott A. Slater on April 14, 2016
Last year, the General Assembly and the governor took an important first step to help thousands of working families make ends meet by increasing the state’s Earned Income Tax Credit (EITC) — a tax benefit for workers earning $50,000 or less — to 12.5 percent of the federal credit. As the Ocean State strives to […]
By transportprovidence on March 18, 2016
The fact that Katz is addressing this is a sign that substantial success has been made in promoting the concept of a guaranteed minimum income among liberals and conservatives.
Posted in Activism, Civil Rights, Class Warfare, Economics, Featured, International News, National News, Poverty, Unemployment | Tagged c andrew morse, earned income tax credit, EITC, GMI, guaranteed minimum income, justin katz, Ken Block | 7 Responses
By Steve Ahlquist on January 15, 2016
Our leaders are looking to cut or eliminate the estate tax to stimulate the economy. The problem, says economist Peter Fisher, is that, “the estate tax – which is paid only by the ultra-wealthy – doesn’t affect economic growth.”
Posted in Class Warfare, Corporate Greed, Economics, Events, Featured, National News, News, Poverty, Rhode Island, State House, Taxes | Tagged ALEC, American Legislative Exchange Council, Bob Plain, earned income tax credit, Economic Progress Institute, EITC, EPI, Estate Tax, Gina Raimondo, Grafton H. “Cap” Wiley IV, Nicholas Mattiello, Peter Fisher, Rhode Island Small Business Economic Summit | 8 Responses
By Steve Ahlquist on January 6, 2016
14.3 percent of Rhode Islanders live in poverty. That rate climbs to 19.8 percent when we talk about children specifically.
Posted in Activism, Civil Rights, Class Warfare, Economics, Education, Events, Featured, Homelessness, Housing, Immigration, Labor, National News, News, Photos, Poverty, Religion, Rhode Island, State House, Taxes, Women, Youth | Tagged earned income tax credit, EITC, Gina Raimondo, M. Teresa Paiva-Weed, Maxine Richman, Nicholas Mattiello, Opening Doors RI, payday loans, Rachel Simon, Rhode Island Interfaith Coalition to Reduce Poverty, ri coalition for the homeless, RICH, RIPTA | 2 Responses
By Steve Ahlquist on September 18, 2015
One in seven Rhode Islanders live in poverty.
Rhode Island has the highest poverty rate of all the New England states, and ranks 24th in the country.
One in ten white Rhode Islanders live in poverty.
More than one in five African Americans in Rhode Island are poor—twice the rate of white Rhode Islanders
Nearly one in three Latinos in Rhode Island are poor—three times the rate of white Rhode Islanders.
By Steve Ahlquist on February 9, 2015
“There’s already massive movement towards technology that will eliminate the need for labor,” said Bob Bacon of Gregg’s Restaurants, “In many restaurants now you have touch pads. Guess what’s next? Pretty soon you’re placing your order on that thing and it’s going to take ten less people to serve you your dinner.”
Posted in Class Warfare, Corporate Greed, Economics, Featured, Labor, Politics, State House | Tagged Antonio Giarusso, Bob Bacon, david bennett, earned income tax credit, Elizabeth Suever, Greater Providence Chamber of Commerce, Gregg’s Restaurants, john simmons, K Joseph Shekarchi, Lenette Boisselle, Medicare, minimum wage, Nicholas Mattiello, Rhode Island Hospitality Association, robots, Thomas Palangio, walmart | 18 Responses
By Bob Plain on January 14, 2015
Poor people in Rhode Island pay almost twice as much a percentage of their incomes than do the wealthiest residents, according to a new report from the Institute on Taxation and Economic Policy. This disparity, while unjust, isn’t abnormal. Rhode Island has the 23rd most unfair tax structure in America, according to the report. But […]