At last night’s meeting of the Special Joint Legislative Commission to Study the Sales Tax Repeal Act of 2013, Director of Revenue Analysis in the Rhode Island Department of Revenue Paul Dion stated that municipalities would be prevented from realizing the increase in local revenue that the RI Center for Freedom & Prosperity’s RI-STAMP model […]
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Review of the results from the Center’s economic modeling tool, RI-STAMP, suggests that a significant reduction of the state sales tax is feasible, with a 3% rate creating the most value.
After a month of not being reported because of the government shutdown, Rhode Island’s unemployment rate moved up to 9.2% in October. According to the statistics published by the federal Bureau of Labor Statistics (BLS), 634 fewer Rhode Islanders reported being employed than did the month before (1,881 fewer than the last report, of August […]
U.S. taxpayers have spent $371,268 directly to set up HealthSource RI for each of the 267 people who’ve officially enrolled.
The public policy debate about school choice — about allowing Rhode Island’s children and their families the freedom to determine what educational approach best suits their needs — is coming to the Ocean State in a big way. As the public, the news media, and elected representatives begin the conversation, it is important that they start from a foundation of facts.
Leading the country in the percentage drop of people who say that they are employed, Rhode Island’s unemployment rate skipped to 9.1% in August. According to the statistics published by the federal Bureau of Labor Statistics (BLS), 4,469 fewer Rhode Islanders reported being employed than did the month before, and 3,729 fewer people reported that […]
Rhode Island’s relatively steady unemployment rate for July, at 8.9%, is highly misleading. According to the statistics published by the federal Bureau of Labor Statistics (BLS), 2,379 fewer Rhode Islanders reported being employed than did the month before, but 2,538 fewer people reported that they’re either working or looking for work, so the official unemployment […]
Rhode Island’s stagnant employment picture is still stagnant, but now in a declining way.
Rhode Island’s unemployment rate notched back up a tenth of a percent, to 8.9%. As the charts below illustrate, it’s mainly an indication of stagnation. Some slight encouragement can be taken from the fact that it was a larger increase in the labor force than in employment that spurred the change, possibly meaning that people […]
Rhode Island’s unemployment rate fell again, down to 9.1%. If that’s good news, however, then the state’s strategy must really be to get people to give up on ever finding work. The first chart below shows that employment slid a little, creating a trend mainly of stagnation. But it appears that the bottom may be […]