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 Bob Plain on June 8, 2016
The budget passed by the House Finance Committee last night, and slated to be vetted by the full chamber next Wednesday, contains some wins and some losses for the progressive left. The budget bill contains some money to restore low-cost bus fare for indigent people – a social service that RIPTA cut earlier this year. […]
By Juan Espinoza on May 11, 2016
A new report released this morning by the Center on Budget and Policy Priorities (CBPP) emphasizes the importance of state estate taxes as tools for broadly shared prosperity and as a means to ensure that the very wealthy don’t avoid taxes by sheltering their wealth.
Posted in Class Warfare, Economics, Featured, National News, Rhode Island, Taxes | Tagged Center on Budget and Policy Priorities, Douglas Hall, EITC, Elizabeth McNichol, Estate Tax, Rachel Flum | 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
Increasing Rhode Island’s minimum wage and expanding the state Earned Income Tax Credit (EITC) boosts the economy, helps thousands of Ocean State families
By Douglas Hall PhD on March 10, 2016
Research shows that coupling an EITC increase with an increase in the minimum wage has a greater impact on reducing poverty than either does on its own. This finding contradicts those who point to one approach as superior to the other in helping low-wage workers make ends meet. Both, together, have maximum beneficial impact.
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.
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 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 […]