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Testimony: A High-Earner Income Tax Surcharge Would Hurt Rhode Island's Economic Competitiveness

Summary by Tax Foundation
The economic literature overwhelmingly suggests that an income tax increase of this magnitude would negatively affect economic growth and opportunity in Rhode Island.

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

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Tax Foundation broke the news in on Wednesday, May 7, 2025.
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