December 22, 2008
Washington Post Story on Unemployment in Rhode Island Cites State Business Tax Climate Index
"In Rough Times, Rhode Island Has It Even Rougher"
By Keith B. Richburg
A big issue here is the state's tax rates. Many Rhode Islanders said the high tax burden has discouraged businesses from locating here and pushed others to leave. The most recent state-by-state comparison of business tax climate by the Tax Foundation put Rhode Island at 46 out of 50th, with only four states—Ohio, California, New York and New Jersey—having a less-favorable business tax environment.
