- Special Sections
- LATEST VIDEOS
LINCOLN â€“ Gov. Lincoln Chafeeâ€™s budget proposal to lower the stateâ€™s corporate tax rate by a third â€“ from the current 9 percent to 6 percent â€“ if Congress allows states to start collecting sales tax on online purchases was enough to put a smile on the face of Northern Rhode Island Chamber of Commerce President John Gregory.
In fact, what Chafee proposes â€śis a little more aggressiveâ€ť than even the business communityâ€™s. â€śWe thought of reducing it from 9 (percent) to 7 (percent), he did 9 to 6.