Medicaid Matters in Rhode Island 2018

Rhode Island’s Medicaid Program serves approximately one-in-three Rhode Islanders, providing access to primary and preventive health care services for children, parents, adults, seniors and people with disabilities. Medicaid is the primary funder for long-term care services that children and adults with significant disabilities and seniors need to live safely at home or to pay for care in a nursing facility …

The Tax Cuts and Jobs Act Overview

In December, Congress passed, and the President signed into law, the Tax Cuts and Jobs Act (“the Act”) which includes changes to both the federal personal income tax and the federal corporate income tax. The Act results in very large tax cuts for higher-income earners, foreign investors, and corporations. The resulting loss of an almost $1.5 trillion in federal revenue …

Highlights of the Governor’s Proposed FY 2019 Budget

The Governor’s proposed FY2019 budget (“the budget”) totals $9.2 billion, an increase of $5.2 million over the enacted FY2018 budget. This includes $3.8 billion in general revenue (increased by $25.0 million from enacted FY2018) and $3.1 billion in federal funds (a decrease of $52.3 million from enacted FY2018) with the balance from restricted receipts and other sources. The following provides …

Facts and Stats: US Census Poverty and Income Data 2016

In 2016, more than one in eight Rhode Islanders (12.8 percent) had income below the poverty level. The Ocean State had the highest rate of its residents living in poverty in the New England states and ranked 22nd among all states. The 12.8 percent overall poverty rate in Rhode Island in 2016 was a significant decline from the peak rate …

Highlights of the FY2018 Budget

OVERVIEW The 2018 budget for the fiscal year beginning July 1, 2017 was signed into law by the Governor on August 3, after the Senate and House came to agreement on the budget and a bill to monitor the impact of the phase out of the Motor Vehicle Tax. From July 1 through August 3, the state operated under the …

Trump Tax Plan Would Mostly Benefit Wealthiest Rhode Island Taxpayers

PROVIDENCE, RI— A new analysis from the Institute on Taxation and Economic Policy reveals a federal tax reform plan based on President Trump’s April outline would fail to deliver on its promise of largely helping middle-class taxpayers, showering 61.4 percent of the total tax cut on the richest 1 percent nationwide. In Rhode Island, the top 1 percent of the …

The State of Black Families in Rhode Island

Our latest report provides details about key economic and social indicators for Black families in the Ocean State and documents the disparities with their White counterparts. Making sure all Rhode Islanders have access to good jobs that allow them to provide for themselves and their families is vital for our state’s future. From the early days of Rhode Island’s colonization …

Access to Paid Sick Time in Rhode Island

Approximately 34 percent of workers in Rhode Island lack paid sick time, and low-income and part-time workers are especially unlikely to be covered. Access to paid sick time promotes safe and healthy work environments by reducing the spread of illness (Kumar, et al. 2013; Drago and Miller, 2010) and workplace injuries (Asfaw, Pana-Cryan, and Rosa 2012), reduces health care costs …