Budget and Taxation

The Chamber of Commerce Coalition supports responsible budget and taxation policy crafted to:

• Provide short term and long term fiscal responsibility and sustainability

• Allow Rhode Island businesses to remain competitive

• Preserve necessary services for the businesses and citizens of Rhode Island

  • The Chambers oppose proposals to increase taxes or fees or institute new taxes or fees. The Chambers believe that increasing taxes or creating new taxes is the wrong solution to state and local fiscal problems. The Chambers believe that responsibly controlling state and local spending is a better solution.

 

  • The Chambers support examining ways to make the sales tax system more competitive through rate reductions or further elimination of taxes on business inputs. 
  • The Chambers support bringing Rhode Island’s unemployment insurance tax policies in line with nearby states. 

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