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Mother With Baby At Grocery store

Moderate Inflation Causing U.S. Producer Prices Slightly Increase

  • Posted: 7/12/2019

The month of June had shown that U.S producer prices had a slight increase, while other goods had seen a drop for the second month. This slight price increase has been reported as the smallest annual increase in producer inflation in at least 2 and a half years, with the producer price index only rising 0.1% from May.

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Rhode Island State Flag

Why Was RI Voted Worst State for Business?

  • Posted: 7/10/2019

CNBC released their report on the Top States for Business for 2019, and Rhode Island was listed as the bottom state for the fifth year on the report. Some of the reasons for this were high taxes and regulations, very slow economic growth, poor infrastructure, high costs of doing business, and the high cost of living.

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Car Exhaust Pipe

Massachusetts Planned Carbon Tax Wouldn't Be Effective

  • Posted: 7/9/2019

The state of Massachusetts is looking to implement a carbon tax that would be set to $20 per ton of carbon dioxide for the first year and increase by $5 each year until it reaches a total of $40 per ton. The tax would look to raise $1.253 billion in new taxes, but also cause the state to lose #26 million in existing revenue.

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Other Current News

Female Small Business Owner Writing

Handling Taxes As A Small Business Owner

Taxes are a dreaded subject that almost every business owner would like to ignore and forget about, unfortunately it is an integral part of any business. It is best for business owners to outsource their taxes to a professional firm, so they not only receive all their tax savings but help to avoid penalties as well.

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Close-up of Man Vaping

Vaping's Popularity Mostly Due To High Cigarette Taxes

According to a recent study by the National Bureau of Economic Research (NBER), they found that a $1 tax on traditional cigarettes led to an overall 1.9 percent decrease in the use of traditional cigarettes along with a 9.7 percent increase in those switching to using vaping products over regular cigarettes.

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Trimming Tree

"Monster Tree Service of Northern RI" Is Starting in Lincoln

A new tree service will be opening in Lincoln. Local resident of Cumberland, John Parra, has announced he is going to be opening "Monster Tree Service of Northern Rhode Island". Parra, has many years of experience in the field, as he learned all about the business on his family's tree farm back in Brazil.

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