Скачать или смотреть Tax the Rich: Senator Murray’s Bold Plan to Fix RI’s Budget Gap

Senator Melissa Murray, representing Woonsocket and North Smithfield, discusses the introduction of Senate Bill 326, aimed at creating a new tax bracket for Rhode Island’s top earners. The bill proposes an 8.99% tax on income above $475,000, affecting only the top 1% of wage earners in the state. Murray emphasizes that this legislation would generate $128.2 million in new revenue, addressing budget shortfalls without impacting 99% of Rhode Islanders. The funds would support essential programs and services, particularly for vulnerable communities impacted by the pandemic. Murray also addresses concerns about high earners leaving the state, citing data showing minimal financial impact on affected individuals. Representative Karen Alzate’s companion bill, H5227, aligns with this effort to create a fairer tax structure. The Revenue for Rhode Island coalition supports this initiative as a step toward economic equity and stability.

0:00 - Introduction
0:30 - Senator Melissa Murray’s remarks

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