The Wrong Starting Point
Well, the governor’s tax panel appears to be a bit more in line with the state’s needs than his transportation panel, but we really have to turn this starting point around:
Overall, “The goal is to develop . . . alternatives that would be revenue neutral . . . but would present options that would increase tax competitiveness” compared with other states, said [Edward] Cooney, who also chairs the Greater Providence Chamber of Commerce.
Why “revenue neutral”? At least at the beginning of an actual recovery, our policies are going to have to be revenue negative.