Saturday, November 1st, 2014

Promises about Taxes on Linc-O-Meter

Examine a 1-percent sales tax on items currently exempt from sales tax

"Rather than forcing our property taxes to rise across Rhode Island, we should carefully examine a two-tier sales tax. Other states have this system and it is working."

Will audit all economic development tax deals

"I will conduct audits of all economic development tax deals. We need to stop the bleeding of state resources through tax credit programs that have no discernible impact."

Lower taxes on personal income and corporate profits when economy improves

"When the economy improves, Chafee backs lowering taxes on personal income and corporate profits."

Oppose tax changes without reform of spending and mandates

"Chafee will oppose any changes to our taxes without first reforming our spending, particularly the mandates."

Simplify business tax system

"We will take action to simplify the business tax system and plan for a sustainable state budget."