Friday, February 3, 2012

So You Don't Like Change?

I've been advocating a change in the Rhode Island Property Tax laws for ten years. (see One aspect of that change deals with tax exempt property. We propose a method that would have helped Providence and other towns with a significant proportion of tax exempt property.

Using the numbers printed in "A FISCAL CRISIS" on Page 1 of the Journal, February 3, 2012, with the proposal of R.I.G.H.T., the city of Providence would receive $40 million from tax "exempt" properties. Would that help?

If state legislators had at least discussed some of the proposals of R.I.G.H.T. we might never have reached this awful situation in which we find ourselves. But, as a town official once said to me after I presented our plan, "I don't like change". See where that has gotten us.