“Rhode Island has fallen to the bottom 10 states for business tax competitiveness for the first time in years, according to a new analysis. After analyzing the Tax Foundation’s 2023 Business Tax Climate Index, the Rhode Island Public Expenditure Council found that Rhode Island ranked No. 42, which is the ninth worst, in the nation. It’s the first time since 2015 the Ocean State has dipped to the bottom 10 in the nation in the index, which looks at how ‘friendly’ or ‘antagonistic’ a state is to businesses.”
Read more via The Boston Globe.