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Archive for June, 2009

Why the Alternative Flat Tax is a Scam

Friday, June 19th, 2009

Back in 2002, the Rhode Island General Assembly, in its infinite wisdom, passed what is known as the alternative flat tax option.  This special tax break went into effect in 2006, and is essentially a reduction of the top marginal income tax rate for the state.  Year after year this flat tax rate gets smaller [...]

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