Statements about Taxes
Cranston's 2014-2015 "budget funds 100 percent of the local police and fire pension and other retiree benefit costs."
The Senate proposal to restore emergency unemployment benefits for five months was "fully paid for."
I turned "a $110 million deficit into a $1.6 million surplus for our city."
"Residential property taxes [in Providence] are up nearly 27 percent under Mayor Taveras."
"A grant for $5,000 [from the Governor’s Workforce Board] went to teach an employee at a company that makes ornamental business card holders how to use Facebook and Twitter."
"We see a quarter-billion dollars in a pension fund that needs to be funded at $1.2 billion."
The General Assembly "has no explicit constitutional authority to impose income, sales, estate and the myriad of other taxes upon us."
"You don’t see Norway losing population, and its taxes are astronomical."
"Only 25 percent of what people buy is subject to Rhode Island’s sales tax."
Rhode Island's unemployment insurance system "is the most expensive such system in the country."
"The Congressional Budget Office, a nonpartisan office, did an analysis and said that passing comprehensive immigration reform will reduce the federal deficit by $200 billion over the next decade."
Economic Development Commission Executive Director Keith Stokes "sent me a letter and he said the taxpayers will never be on the hook for these bonds" for 38 Studios.
"We have one of the most expensive General Assemblies, per capita, in the entire country."
Rhode Island "didn't ratify the 13th Amendment to the Constitution to pay federal income taxes. So Rhode Island doesn't even have to pay federal income taxes."
Historically, the Social Security tax has been assessed on about 90% of U.S. income. Now it captures 83% because there's been such a growth of income among the highest earners.
Of six Rhode Island tax-credit programs worth about $35 million, "three companies got 90 percent of that -- CVS and two companies not even located in the state of Rhode Island."
"If the House of Representatives fails to extend the middle-class tax cuts, 400,000 middle-class Rhode Island families will see their federal income taxes increase."
Sheldon Whitehouse voted for a "$525-billion tax increase on the middle class."
Providence has "amongst the highest tax rate(s) in the entire country."
"For Social Security, which is projected to remain solvent through 2033, Whitehouse has cosponsored [a bill that] . . . would extend the life of the program by an additional 75 years."
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