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« EMC collaborates with Japanese company | Today | Photo: Spring snow » April 5, 2006Tax debate today: Good or bad?PROVIDENCE -- A debate on taxes is set to take place today before the General Assembly's Permanent Joint Committee on Economic Development. The committee is expected to meet from 3 to 4 p.m. in the Senate Lounge at the State House. Experts from the Rhode Island Economic Development Corporation and the Poverty Institute of Rhode Island will offer views at the opposite end of the spectrum. The hearing will be televised live by the General Assembly’s Capitol TV and can be viewed on Channel 15 by Cox Cable and FullChannel subscribers. Posted by Kate Bramson CommentsT | April 5, 2006 9:40 AM link Post a commentPlease be civil. Vicious comments, personal attacks and profanity won't be published. Name and email are required; email address will not publish. |
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ProJo 9 to 5 News Blog
Oct 2005 - March 2006
Tax cuts are always a positive for an economy. That should never be questioned. Taxes reduce the general level of trade, and in the long run actually INCREASE wealth gaps. But it's important to target tax cuts at those members of society that are most likely to spend the increased cash flow. That segment of society is almost always the middle class, and like it or not, people making up to $200,000 a year are still middle class, and therefore should be part of any tax cuts.