More media misinformation

Steve Peoples reports on the RI budget  and shows his lack of economic knowledge.

Despite an intense lobbying effort by interest groups and some rank-and-file members, the Assembly’s current spending plan does not change Rhode Island’s flat tax alternative, a tax break for high earners that costs the state millions in lost revenue each year.

I’m sure Steve would agree that if you tax someone at 100% there is a strong likely hood that the person will move (or stop working as a slave). Apparently,  he doesn’t think we are high enough to influence the wealthy to  leave the state.


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