Read reports from our national colleagues about how the smallest state in the union compares when it comes to the economic health of the state and its residents.
Rewarding Work Through State Earned Income Tax Credits
The federal Earned Income Tax Credit (EITC) has lifted many working families out of poverty. A new policy brief from the Institute on Taxation and Economic Policy (ITEP) presents 26 unique state-level EITC practices; including RI, where taxpayers can claim 25% of the federal credit, although only 3.5% is refundable.
Infographic: How Many Jobs Did Your State Create?
Rhode Island has struggled to regain momentum since the official end of the recession. Many residents remain unemployed or underemployed, and searching for work that will provide a reasonable living wage. This infographic released with the Stateline at PEW Charitable Trusts analysis "How did States Create Jobs?" shows that the Ocean State is continuing to fall behind, with only a 0.6% increase in employment.
Parents and the High Cost of Child Care: 2013
Child Care Aware America's latest report presents information about the cost of child care for infants, 4-year-olds, and school-age care in centers and family child care homes in all 50 states. The report also compares the cost of child care to household income, expenses and college tuition; the rate of Center-Based Care for a 4-year old in Rhode Island ranked in the top-10 least affordable at $10,138 annually.
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