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Sales Tax

Thursday, February 14, 2013

Should Rhode Island Eliminate the Sales Tax?

Do you think the 7 percent is killing small businesses? Should Rhode Island remove the tax to encourage commerce?

Massachusetts is considering lowering its 6.25 percent sales tax to 4.5 percent.  Should Rhode Island respond and eliminate sales tax to keep small businesses competitive? Tell us what you think in the comments section. At least one lawmaker says the answer to that question is yes. Saying it is “about time we had a dialogue on this,” Rep. Jan P. Malik (D-Dist. 67, Barrington, Warren) has introduced legislation to eliminate the Rhode Island sales tax. The bill, 2013-H 5365, calls for the end of the sales tax effective October 1 of this year. The bill provides that, as of that date, all regulations relating to the collection of sales tax and enforcement of collections will sunset and, further, that as of October 1, the local meals and …

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