CommerceRI: Stop corporate welfare!
- Transform CommerceRI with a new mission, which is to focus 90% of effort on small and microbusinesses.
- Work with RIDE, EOHHS, and community organizations to connect education and commerce pilots to community.
Livable Wage: Break the poverty trap that is the "minimum wage"
- Pilot Wage Program: Supplemental wage program, which will be led by Commerce RI. The program will connect with the NEW enhanced RI Promise Program to support adult learners and part-time students by working with their small/micro-business employers to enhance their hourly wages. The state-funded program will focus on bringing low wage earners closer to a livable wage, while simultaneously supporting local economies in two distinct ways:
- Direct investment into business operations
- Direct investment into people's education
- Direct investment into Rhode Islander's future
Taxes: Regressive vs Progressive Policies
- Personal Income Taxes: Increase taxes for those who earn $475,000 or more a year (8.99% - 10.99%)
- Car Tax: A complete phase-out
- Business Taxes: Tangible asset tax is regressive, and disproportionately impacts microbusinesses. As such, we must find a way to phase out this tax, while working with municipalities, micro-businesses, and CommerceRI to design a path forward.
- Expand earned income tax credits!
Jobs & Skills: Programs must demonstrate success
- End all tax incentive agreements with large corporations who have failed to produce promised jobs.
- Integrate all training, retraining, and skills certification program under a commissioned group overseen by RIDE, which will embody state employees, community members, educators, and various industry professionals. The focus of such a group is to establish quality measures, which we can use to audit all publicly funded and/or public-private partnerships designed to produce such skills programs.