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Update: Chamber chair calls for changes in R.I. tax policy

2:26 PM Wed, Feb 11, 2009 |
Neil Downing    Email

chamberlunch.jpg
Journal photo / Frieda Squires
House Speaker William J. Murphy, Majority Leader Gordon Fox, Finance Committee Steven M. Costantino and Minority Leader Robert Watson listen as Senate President Theresa Paiva-Weed speaks at the annual legislative luncheon sponsored by the Greater Providence Chamber of Commerce today.


PROVIDENCE, R.I. -- Edward J. Cooney, chairman of the Greater Providence Chamber of Commerce, said that Rhode Island's tax policy needs changing.

"Dramatic steps need to be taken . . . What we have now simply doesn't work," Cooney told more than 650 business leaders and others at Wedbesday's luncheon with legislative leaders, sponsored by the chamber and held at the Rhode Island Convention Center.

In an interview afterward, Cooney said he is confident that House Speaker William J. Murphy will take the lead in making sure that the state's tax policy is "reasonable and makes sense."

Cooney, vice president and treasurer of Nortek Inc. of Providence, a maker of building products, is part of a panel formed by Governor Carcieri to propose reforms to Rhode Island's tax structure.

Speaking at the same event today, Murphy said he does not want to see increases in broad-based taxes but cannot issue a blanket guarantee.

"Our goal is not to raise taxes," Murphy told those gathered at the luncheon.

But he also said he was not sure whether the General Assembly can stick to that, given the recession and other factors.

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Comments

Anonymous said:

I love it! Obama finally gets his tax reform plan through to cut taxes for the middle class. Meanwhile, Carcieri's tax panel pushes for raising the taxes of the middle class. I'm an independant so this isn't a party line comment. Where do we in the middle class get a tax break if we live in RI?




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