Economic Progress Institute
By Steve Ahlquist on January 29, 2016
Even people who have paid no taxes are eligible for the Earned Income Tax Credit (EITC) rebates, meaning families can receive hundreds or thousands of dollars from the government. But to do so, families must file their taxes. VITA (Volunteer Income Tax Assistance) is a free program to help people file.
Posted in Economic Development, Economy, Featured, Labor, News, Poverty, State House, Taxes, Video | Tagged Economic Progress Institute, EITC, gayle goldin, Gina Raimondo, Scott Slater, VITA, Volunteer Income Tax Assistance | 6 Responses
By Steve Ahlquist on January 26, 2016
“The legislation would establish a new Clean Energy and Jobs Fund that will invest in renewables and efficiency and help Rhode Islanders lower their energy costs,” said Energize RI in a press release, “The Fund will be financed by a fee on carbon pollution, beginning at $15 per ton of greenhouse gas emissions, paid by the companies that sell fossil fuels in the state.”
Posted in Climate Change, Economic Development, Energy, Environment, Featured, News, Rhode Island, State House, Video | Tagged aaron regunberg, Beth Milham, Clean Energy and Jobs Fund, Douglas Hall, Economic Progress Institute, Energize RI, Filarski Architecture, Interfaith Power and Light, Joseph Fernandes, Ken Filarski, Regional Economic Models Inc, remi | 1 Response
By Economic Progress Institute on January 25, 2016
New data released today shows that too many Rhode Island families remain economically vulnerable. Smart public policies that create opportunities for families to save and make investments in their future prosperity pay huge dividends for all of us.
Posted in Class Warfare, corporate greed, Democrats, Economic Development, Economy, Featured, Homelessness, National News, News, Poverty, Rhode Island, State Budget, State House, Taxes | Tagged Annie E Casey Foundation, Assets and Opportunity Scorecard, CFED, Corporation for Enterprise Development, Doug Hall, Economic Progress Institute, EPI, Investing in Tomorrow: Helping Families Build Savings and Assets, Jim Ryczek, Rhode Island Coalition for the Homeless, State of Working Rhode Island: Workers of Color, U.S. Census Bureau’s American Community Survey | Leave a response
By Douglas Hall PhD on January 19, 2016
Yet it feels very much like the two Brookings reports each exist in their own spheres. What Rhode Island (and arguably every other state in the nation) needs is an approach to the economy that integrates the needs of its workforce with the needs of the business community.
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 alec, Campaign 2016, Class Warfare, corporate greed, Economy, Events, Featured, National News, News, Poverty, Rhode Island, State House, Taxes | Tagged ALEC, American Legislative Exchange Council, Arthur Laffer, Bob Plain, earned income tax credit, Economic Progress Institute, EITC, EPI, Estate Tax, Gina Raimondo, Grafton H. “Cap” Wiley IV, Nicholas Mattiello, Peter Fisher, Poor States, Rhode Island Small Business Economic Summit, Rich States, SBEC, Small Business and Entrepreneurship Council, Small Business Policy Index | 7 Responses
By Bob Plain on December 17, 2015
As bad as the unemployment crisis in Rhode Island was for white workers, it was nearly twice as severe for workers of color. A new report from the Economic Progress Institute shows that black and Latino workers were unemployed at almost twice the rate of white workers from 2007 to 2014. “The takeaway here is […]
By Steve Ahlquist on September 22, 2015
The Economic Progress Institute (EPI) announced that Kate Brewster is stepping down as executive director. Rachel Flum, the Institute’s long-time senior policy analyst, has been promoted as the new executive director.
Posted in Class Warfare, Economic Development, Featured, People, Poverty, Rhode Island | Tagged Alan Flam, Economic Progress Institute, EPI, Jonnycake Center of Peace Dale, Kate Brewster, Nancy Gewirtz, Rachel Flum, RI Health Coverage Project, RI Kids Count | Leave a response
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.
Posted in Class Warfare, Economy, Featured, Poverty, Rhode Island | Tagged earned income tax credit, Economic Progress Institute, EPI, healthsource ri, It’s Not Like I’m Poor, Juan Espinoza, Kate Brewster, US Census Bureau | Leave a response
By Steve Ahlquist on August 31, 2015
Entering “Rhode Island” for two adults and two children brings results for the Providence/Fall River metro area, where monthly costs of living are estimated at $5,955, or $71,455 annually. This includes $913 for housing and $1338 for child care. One adult with no children needs to generate $2,543 monthly/$30,522 annually to maintain a “secure yet modest standard of living.”
Posted in Economy, Featured, Poverty, Rhode Island | Tagged Cost of Living Calculator, Economic Policy institute, Economic Progress Institute, EPI, Family Budget Calculator, federal poverty line, Supplemental Poverty Measure | Leave a response
By Bob Plain on August 20, 2015
Rhode Island gave away more than $30 million to 18 companies in 2015, according to a new report from the state Division of Taxation. This is almost twice the $14.8 million it gave away in 2014, according to an analysis of that report by the Economic Progress Institute. The new Division of Taxation report is not […]
By Steve Ahlquist on August 19, 2015
Rhode Island’s recent move to raise the minimum wage from $9 to $9.60 is not nearly sufficient says the Economic Progress Institute, since a “single adult without children needs to earn $24,640 a year or $11.85/hour to meet his or her basic needs.”
Posted in Class Warfare, Economy, Featured, Poverty, Rhode Island | Tagged Cost of Living Calculator, Economic Progress Institute, EPI, federal poverty level, Guide to Assistance, Kate Brewster, minimum wage, Poverty | 1 Response
By Elisha Aldrich on June 3, 2015
The minimum wage in Rhode Island has risen every year since January 2013 and 2016 will be no different, moving up from $9 to $9.60 per hour. The measure passed on the floor of the state Senate in a 34-3 vote, and will soon be enacted into law. But as each year passes, the income […]
Posted in Economic Development, Economy, Featured, News, State House | Tagged Economic Progress Institute, Economy, Elisha Aldrich, erin lynch, income, Income Inequality, Kate Brewster, minimum wage, state senate, wages | 19 Responses
By Steve Ahlquist on June 2, 2015
That usurious lending is ideologically opposed in Catholic theology should come as no surprise to Speaker of the House Nicholas Mattiello, a life long Catholic, yet he continues to oppose reform. “The case has not been made to me to terminate an industry in our state,” said Mattiello last month, “The arguments against payday lending tend to be ideological in nature.”
Posted in Class Warfare, Economy, Featured, Poverty, Rhode Island, State House | Tagged Advance America, Bishop Tobin, Economic Progress Institute, Nicholas Mattiello, payday lending, Rhode Island Coalition for the Homeless, Rhode Island Payday Lending Coalition, Roman Catholic Diocese of Providence, william murphy | 2 Responses
By Steve Ahlquist on May 12, 2015
Moving onto Medicaid, Raimondo insisted that her goal in pulling together the working group is “not about kicking people off Medicaid” but “getting people cared for in the lowest cost environment.”
Raimondo acknowledged that the EPI and many of those in the audience are more concerned with social justice and economic justice than they are with short term budget fixes when she said, near the end of her speech, “Your stubborn idealism is a good thing for Rhode Island, so don’t lose it.”
Posted in Featured, Health Care, Poverty, State Budget, State House | Tagged Cindy Mann, economic justice, Economic Progress Institute, elizabeth roberts, Gina Raimondo, Linda Katz, Medicaid, Reinventing Medicaid, social justice | Leave a response
By Steve Ahlquist on March 23, 2015
“This issue speaks to how we believe society should be shaped. Do we believe that our citizens deserve equal treatment and deserve full equality, or do we believe that there is a second tier that women, increasingly, belong to?”
Posted in Economy, Labor, News, Rhode Island, State House, Video | Tagged aaron regunberg, Amy Barclay, Angelo's Palace Pizza, Antonio Giarusso, bell street chapel, Bill Kitsilis, Chris Tarro, Coalition of Labor Union Women, Economic Progress Institute, Farm Fresh Rhode Island, fuerza laboral, gayle goldin, Jenn Steinfeld, Joe Fortune, John Elkhay, Mike Araujo, NAACP, NEARI, One Fair Wage Rhode Island, Planned Parenthood of Southern New England, Rhode Island AFL-CIO, Rhode Island Hospitality Association, Rhode Island Jobs with Justice, Rhode Island Progressive Democrats, RI NOW, ROC United RI, Sam Bell, Teresa Tanzi, tipped minimum wage, Unite Here Local 217, USAW RI, Women's Fund of Rhode Island | 2 Responses
By Bob Plain on December 18, 2014
We already knew Rhode Island has the highest poverty rate in New England. It turns out, according to a new analysis from the Economic Progress Institute, Rhode Island also has among the least generous public assistance benefits for those in poverty. EPI looked at six public assistance functions and the Ocean State finished near the […]
By Bob Plain on September 23, 2014
Rhode Island leapfrogged Maine to now have the highest percentage of impoverished residents in New England, according to new Census Bureau data analyzed by the Economic Progress Institute. More than 144,000 Rhode Islanders experienced poverty in 2013, or 14.3 percent of the state population. In Maine, which has the second highest rate of poverty in […]
By Bob Plain on June 9, 2014
The budget as proposed benefits wealthy heirs at the expense of low-income Rhode Islanders, according to an Economic Progress Institute analysis of the House Finance Committee’s revenue and spending plan released late last week. The proposed budget would increase the exemption on the estate tax from $921,655 to $1.5 million while eliminating $3.9 million in […]
By Bob Plain on February 19, 2014
Rhode Island’s economy is recovering. But not for the 99 percent it isn’t. A new report by the Economic Analysis and Research Network shows that between 2009 and 2011, the 99 percent – those Rhode Island’s who make on average $41,958 a year – saw an average decline of 4.1 percent in their earnings. On the […]
By Bob Plain on September 20, 2013
Rhode Island hasn’t moved the needle for people living in poverty, according to an analysis of new Census data by the Economic Progress Institute. The Ocean State still has the second highest poverty rate in New England, behind only Maine, with 13.7 percent of residents living below the poverty standard. There are nearly 140,000 Rhode […]