What happened?
Our state was once among America’s most prosperous. Today, the grand State House stands as a reminder of that lost golden age, while scrap yards along Allens Avenue export our remaining wealth as scrap metal—one of Rhode Island’s largest exports.
Instead of opportunity and growth, Rhode Island now ranks near the bottom in economic performance, while sitting among the highest in cost of living and reliance on social services.
What happened?
In 1958, Democrats gained full control of the Rhode Island General Assembly. Since then, they have held uninterrupted dominance.
With good intentions, they passed wave after wave of laws and regulations aimed at “helping people.”
In practice, those policies suffocated business, raised costs, and drove away jobs and investment.
As the economy weakened, demand for social services exploded. Rather than reforming the burdensome rules choking growth, they doubled down—still convinced they were helping.
Now they want to repeat the same mistake with a millionaire tax: a massive hike that would push Rhode Island’s top income tax rate to 8.99% on earnings over $1 million.
ripec.org
This isn’t “fair share.” It’s more of the same failed thinking. High earners and job creators already shoulder a disproportionate share of our income taxes.
Raising rates on them will accelerate the exodus of talent, capital, and businesses to lower-tax states—just as we’ve seen elsewhere.
The result?
Less revenue than projected, fewer jobs, and even greater pressure on working families.
Rhode Island doesn’t need another tax on success.
We need bold reform: cut the regulations that are killing growth, streamline government, and make our state competitive again.
Stop the madness.
Stop the race to the bottom.
Credit
@IanDonnis @IanDon and
@BostonGlobe for some of the pictures.