Taxation

Shopping Curiosity

By Justin Katz | August 17, 2008 |

Just wondering: how much money have people seen flowing out of Rhode Island, today, to take advantage of Massachusetts’s tax-free weekend? I know of a flat-screen TV and a computer and have received witness accounts of both such items flying out the door of the Dartmouth BJ’s. (Sadly, my budget remains much too tight to…

An Invitation to Left-Right Harmony

By Justin Katz | August 14, 2008 |

Presumably such rhetoric is the result of having stopped somewhat short of full consideration of circumstances, so pointing out additional considerations should bring us at least to the point of admitting that we individually lack sufficient information to justify either vitriol or broad policy changes. Here’s the basis for the hasty jibe: Unlike the rest…

Who’s Got Our Back with Taxes

By Justin Katz | August 3, 2008 |

An interesting response from rasputinkhlyst to my rejoinder to Crowley: Folks in those states have higher wage and benefit base due to less attacks on workers from right wing nut jobs. Therefore their workers can afford to live there. Salaries for their state workers are higher and the benefits are better in these states. Having…

Lower Taxes and Higher per $1,000 Revenue… Go Figure

By Justin Katz | August 3, 2008 |

Although I’m loath to feed his attention addiction, via his recital of standard lefty rhetoric, Pat Crowley raises a point worth addressing: … with the report basing its analysis on taxes as a percentage of personal income per $1000, it totally glosses over the point, which the quoted section above confirms, that our tax burden…

A Talking Point in Need of Revision

By Justin Katz | August 2, 2008 |

Lefty Rhode Island wonk Tom Sgouros apparently hasn’t had a chance to review the latest data available from the IRS, because he’s still insisting — as if it’s obvious — that recent upper-income tax cuts are the cause of our current financial woes: Today, though, our fiscal crisis is the result of events very much…

Governor Carcieri: “There will be no resumption of negotiations with Council 94”

By Monique Chartier | July 25, 2008 |

The Governor’s office released this statement about an hour ago. “There will be no resumption of negotiations with Council 94,” said Governor Carcieri. “My administration spent six months and hundreds of hours negotiating the terms of this agreement with representatives of Council 94. Those representatives agreed to the terms that were finally negotiated. There were…

RE: Taxing Thoughts

By Marc Comtois | July 22, 2008 |

Along with the chart that Andrew mentioned, the related WSJ piece included some observations worth mentioning. But first, earlier this month, Stephen Moore previewed the same IRS data used for the chart: New data from the IRS will be out in a few weeks on who pays how much in taxes. My contacts at the…

Taxing Thoughts

By Carroll Andrew Morse | July 22, 2008 |

The Wall Street Journal published a chart yesterday breaking down IRS data from 2006 on federal-income taxes collected as a function of income level… Given that 50% of the people are paying the taxes that support the other 50%, it’s hard not to believe that there’s something to science-fiction author and blogger Jerry Pournelle’s recently…

It’s Time to Hold the Line, Down the Line

By Marc Comtois | July 1, 2008 |

As some of Justin’s “adventures in town government” have revealed, the town of Tiverton has decided they simply “have to” break the 5% cap on annual property-tax increases because they can’t cut anything. They are not alone, according to Susan Baird at the Providence Business News: Nine cities and towns so far have requested permission…

Gambling Revenue Counteroffer?

By Carroll Andrew Morse | June 13, 2008 |

Robert Walsh‘s controversial proposal to permanently dedicate a portion of Rhode Island’s gambling system to the state pension fund makes the lede of the Katherine Gregg/Paul Grimaldi article in today’s Projo even more eye-catching than it would normally be…The owners of Twin River are offering the state upward of $500 million up front in return…