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« Actor Richard Gere to appear at State House | Today | Traffic Alert: Hydraulic fluid spill causing jam on Rte. 6 » January 16, 2008Carcieri, Sasse to unveil bill to ease local tax burdenPROVIDENCE -- Governor Carcieri and his choice for the new director of the Department of Revenue, Gary Sasse, are scheduled to announce legislation today "designed to implement reforms in cities and towns necessary to bring relief to local taxpayers," the governor's office said last night. The “Municipal Fiscal Responsibility Act" has seven provisions that will "reduce taxpayer costs at the city and town level, while ensuring greater accountability," the news release said. The statement did not provide details about how, but said the news conference will be at 10:30 a.m. in the State House's State Room. Sasse's nomination is headed to the full Senate for approval next Wednesday. At a Senate panel hearing yesterday, several legislators asked him if he intended to delve into how much “bang for the buck” Rhode Island is getting from its much-ballyhooed tax credit for television and movie productions. A little over a year ago, in a Journal story exploring the impact of the film tax credits, Sasse, then head of the Rhode Island Public Expenditure Council, a business-backed research group, said: “We are concerned that the film tax credit is not creating permanent jobs and investment in Rhode Island.” The question came as actor Richard Gere heads to the State House today for a press conference on his new movie, "Hachiko: A Dog Story", to be filmed entirely in Rhode Island. Posted by Andrea Panciera CommentsMichele McMahon | January 16, 2008 10:51 AM link I am hearing all this talk about saving money but no one is talking about the historic tax credits. The state could save at least 63,000,000 if this was either cut back or eliminated. These perks go to developers that can afford to do projects without them. These credits olny make them rich. Ixeow William Floriani | January 16, 2008 11:27 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
Could someone please tell me why it's the little people that have to take a beaten when it comes to taking a pay cut and everything that's being done to us. Why isn't Gov. Carcieri and all of his people suggesting that THEY take the cut. Don't you think we would save A LOT more money that way?