Raising Revenues to Invest in Rhode Island

Legislation The proposed legislation takes an important step in decreasing the regressivity and increasing the fairness of Rhode Island’s tax structure by adding one new personal income tax bracket, affecting only households in the top 1%, with adjusted gross incomes above $475,000. Adding this one bracket would raise an estimated $128.2 million in revenue and would impact no Rhode Islanders …

Improving Rhode Island’s Paid Leave Program (TCI)

IntroRhode Island was a leader in creating one of the nation’s first paid leave programs for its workers–the Temporary Caregiver Insurance program (TCI). Since January 2014, TCI helps you afford to take time off from work so you can:care for a seriously ill child, spouse, domestic partner, parent, parent-in-law, or grandparentbond with a newborn child, adopted child, or foster childTCI …

Increasing a Tax Credit for Working Families

IntroThe Earned Income Tax Credit (EITC) is a common-sense tax break that reduces the income tax owed by lower-wage working families, allowing them to contribute more to vibrant local economies.Many hard-working Ocean State families are struggling to pay for housing, heat, food, and health care. Federal and state EITCs helps working families close that gap, providing a refundable tax credit …

Lifting RI Works Children & Families Out of Deep Poverty

IntroRhode Island Works (RI Works) is the state’s safety net program for children and families with limited income. The program provides a minimal cash benefit ($554/month for a family of 3) and is the primary “workforce development” door for parents as they work to gain fundamental skills. The financial benefit and workforce preparation opportunities are meant to work together to …

Early Educator Investment Act / Child Care is Essential Act

Intro In Rhode Island, child care is in high demand. Almost 70% of Rhode Island children under age 5 need some kind of non-parental care while their parents work. Importantly, the availability of quality child care for these children is dependent upon a stable workforce. Yet, inadequate compensation coupled with a lack of salary supplements for early childhood educators is …

Policy Agenda

Each year the Economic Progress Institute collaborates with our community partners to advocate for state policies and investments that will put more Rhode Islanders and our state on a path towards economic progress. What’s Happening Highlights of the Governor’s Proposed FY2021 Budget Legislative Testimony 2021 Policy Agenda&nbsp Lifting RI Works Children and Families Out of Deep PovertyIncrease the monthly cash …