Summary of 2012 Legislation Impacting the Workforce Development System

Workforce Development System Biennial Program and Funding Plan. The Rhode Island Workforce Alliance promoted this important policy that requires the Governor’s Workforce Board (GWB) to submit to the governor and general assembly a biennial employment and training plan beginning March 15th of 2012 and every other year thereafter. The Plan must include a funding plan necessary to achieve system priorities …

Resuscitating Revenues

June 06, 2011 Rhode Island needs a balanced approach to addressing the state’s budget shortfall by including proposals that would raise revenue and not just cut spending.  Three of the largest sources of state revenue – personal income, sales, and business taxes – could be modified to improve the sustainability and adequacy of our state’s tax structure. Read Resuscitating Revenues (PDF)

Governor Chafee’s Corporate Tax Reform

April 11, 2011 Governor Chafee’s proposal to shut down corporate loopholes and eliminate unnecessary tax credit programs for only a handful of companies is a step in the right direction towards leveling the playing field between large and small businesses and improving the state’s long-term fiscal health. Tax Facts Corporate Tax Reform 2011 (PDF, 390KB)

Jobs – Not Taxes – Stimulates Migration (a PERI publication)

April 01, 2011 Written by the Political Economy Research Institute Rhode Island shouldn’t worry that higher taxes will drive people away, but how it spends its tax revenue appears to affect the likelihood that people will move here. Employment opportunities, a low incidence of crime, and affordable housing go hand in hand with greater inward migration, according to a study by the …

Rhode Island’s Hidden Spending: Tax Expenditures

Tax expenditures result in very large revenue losses to the state.  Over the years, Rhode Island has given up billions of dollars in potential tax revenue through tax expenditures. Every other year, tax expenditures result in very large revenue losses to Rhode Island…tax expenditures cost the state at least $1.67 billion in lost revenue in 2008. Rhode Island Department of …

A 21st Century Sales Tax: Why Governor Chafee’s plan to modernize the sales tax is necessary

March 11, 2011 Rhode Island must modernize its antiquated sales tax in order to maintain investments in public services that improve our quality of life, protect our families and businesses, and help grow our economy. Today, we have one of the most narrow sales tax bases in the country, and our collections from this important source of revenue are well …

The Basics of the RI Works Program

The Rhode Island Works program, the state’s “welfare” program, provides minimal cash support and work readiness services to approximately 5,800 low-income families. RI Works was established under the Temporary Assistance to Needy Families (TANF) block grant, which allows states great flexibility in program design. Rhode Island should have a program that provides a real “safety net” for children and an …

Rhode Island Standard of Need

November 10, 2010 Every two years, The Economic Progress Institute publishes The Rhode Island Standard of Need (RISN) to provide an accurate picture of how much it costs to live in Rhode Island, and to show how government assistance programs help families meet basic needs. The 2010 RISN found that it cost a single parent family nearly $50,000, and a …

Building a Skilled Workforce: Moving Forward

October 10, 2010 An overview of the progress Rhode Island made to date in advancing the adult education system, strategic planning for a comprehensive workforce development system and creating a statewide career pathways system driven by industry needs. The recommendations focus on implementing and enhancing system planning and providing adequate funding to support a multi-year plan. Read the full report (PDF, …