Woonsocket: How Tax Equity Can Reduce Local Burden

Woonsocket can't bear the burden any more. Come to Cercle Laurier tonight at 5:30 pm to see what state aid can do.

There’s no debate about it, Woonsocket, and many other distressed communities, are in trouble. However, while the residents wait for the General Assembly to vote on whether they can issue a supplemental tax bill, there are other measures on the calendar on Smith Hill that could also help the city’s already maxed-out  taxpayers.

Tonight (Monday, May 14) at 5:30 pm in Cercle Laurier, 165 E. School St., residents can come learn how the tax equity bills, making their way through the House an Senate in the form of  H-7729 and S-2622, can raise $131 milllion in revenue; and how that revenue should be targeted to providing relief to distressed cities and towns, like Woonsocket.

While our elected officials continue to give massive tax breaks to Rhode Island’s wealthiest citizens and corporations, and Woonsocket Rep. Jon Brien and Sen. Marc Cote defend these breaks,  lower and middle income Rhode Islanders are struggling to feed their families.

It’s time for people making over $250K/year to pay their fair share and help the middle class–because a strong middle class means more spending and more jobs in local communities. Come to the meeting and help convince Rep. Brien and Sen. Cote top sign onto the tax equity bills, Woonsocket would greatly benefit by your actions.

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Russell Archambault May 16, 2012 at 10:52 PM
LILIAN and others,no matter how much money we give the school system, please get it through your heads is does not go for E D U C A T I O N !!!
Baywatch May 17, 2012 at 03:15 PM
You do realize that that "extra revenue" that you would be collecting may very well have unintended consequences, right? If my pizza shop is generating an income of just under your set "punishment" mark, what incentive do I have to open another one, which will significantly increase my tax liability?
Baywatch May 17, 2012 at 03:17 PM
James Thomas Said... ============================================================= First, before I answer your question, I have a question for you. Why is it, that people such as yourself, always feel the need to classify others as "you people," when you perceive a possible difference in opinion or approach to a problem? ============================================================== I never made such a statement. Seems as though you may be just being emotional and didn't take the time to properly evaluate my point.
David T May 26, 2012 at 03:32 AM
Hey, I'm middle class. If those earning more than me, a lot more, pay a smaller tax percentage, why shouldn't I be extended the same deal? I would argue that I need that extra 2-4 percent a whole lot more than some making 4-5 times more than I make. And that argument that the pizza shop owner would not want to grow his business to earn over 250,000 because his taxes would go up 3 percent is flawed. If his first pizza shop is earning about 249,000 a year, then why wouldn't his second earn about the same? His net gain easily justifies the opening of a second shop and is a big incentive, even if his taxes go up by 3% points. This idea that people who earn less money need to pay a higher percentage of tax has to end. Bring on the flat tax. I suppose the 250 plus folks and all the high paid tax lawyers and tax loop hole experts would go out of business if we did that. Rich, poor, its all relative. I suppose a single guy making $250,000 living in a $500,000 condo, driving a porsche is, laughably poor?! Wouldn't you agree he is rich compared to some living in a modest ranch in Woonsocket driving a 10 year old car? Or even the married couple earning a combine $250,000 in Lincoln with 2 new cars, members of a golf club, season ticket holders for the Redsox, owners of a beach house, going to concerts, staying in hotels 2-3 times a year, shopping at Wholefoods??? That's rich for most of the people I know. Give me the tax break so I can upgrade my car.
David T May 26, 2012 at 03:37 AM
Take away the tax breaks now! Give them to me! I think its my turn to have a break.


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