Rhode Island state commission considers reduction of state sales taxes

reduction of state sales taxes

reduction of state sales taxes

The Rhode Island General Assembly has put together a committee to consider a reduction of state sales taxes or completely repeal its 7% sales tax rate. The government created this commission in response to a new bill that proposes to repeal sales taxes this year.

That bill is unlikely to pass but the commission shows that Rhode Island legislators are considering a change. Supporters of reducing the sales tax rate say these taxes are too much of a burden on businesses and consumers, especially low-income consumers.

That bill is unlikely to pass but the commission shows that Rhode Island legislators are considering a change. Supporters of reducing the sales tax rate say these taxes are too much of a burden on businesses and consumers, especially low-income consumers.