Topic: taxes

Shanmugam ’23: Wealth taxes: politically flashy but problematic in practice

Columns, Opinions

Shanmugam ’23: Wealth taxes: politically flashy but problematic in practice

November 11, 2019 0 comments

Had Elizabeth Warren proposed her wealth tax — a levy on net worth paid only by the wealthiest households in America — ten or twenty years ago, popular opinion probably would have branded her as an unapologetic socialist, consigning her proposal to a different day, a different debate and a different Democratic Party.

State budget proposal cuts funding to city

Metro, News

State budget proposal cuts funding to city

February 20, 2019 0 comments

Gov. Gina Raimondo’s proposed budget plan, released Jan. 17, included a cut to Rhode Island’s Payment In Lieu Of Taxes program that could lead to new taxes on the University’s non-mission related properties. If approved, the budget plan would cut approximately $6 million from Rhode Island’s PILOT program, which reimburses […]