Skip to main content

Seniors a favored target for tax break proposals

February 14, 2014

PROVIDENCE – The state’s senior citizens would receive a variety of tax breaks by virtue of several pieces of legislation being considered by the General Assembly.

The lawmakers who introduced the bills say they are intended to help the state’s older population and to keep them from fleeing to more tax-friendly locales.

Sen. Edward O’Neill (I-Dist. 17, Lincoln, North Smithfield, North Providence) sponsored two separate bills. One would exempt Social Security payments from the state’s income tax, and the other would change the estate tax to make the first $2 million of a person’s holdings exempt from the taxman.

“We’re trying to stop the exodus of people leaving Rhode Island to other states, and the tax issue is a big one,” O’Neill, an independent whose district covers parts of Lincoln, North Smithfield and North Providence, told The Call.

Full story appears on page A1 of Saturday's Call and Saturday's Times.

PAWTUCKET – Playing their first home game since the passing of Jim Skeffington, the...
WOONSOCKET – The primary mission of the George Nasuti Novans Pride 5K is to raise money...
PAWTUCKET – Mount St. Charles may have failed in its attempt to capture a third...
WOONSOCKET – When he was a little younger, Richard Fazzio, now 90, would tend to the small veterans’ memorial at Market...
BLACKSTONE – Ninety-nine-year-old World War II Navy veteran Michael Sulima sits back in a recliner at his daughter’s...
PROVIDENCE – A longtime friend of James J. Skeffington spoke of his exuberance, caring demeanor, and love for his...

 

Premium Drupal Themes by Adaptivethemes