Do Gina Raimondo and Matt Brown Support Congressional Dems’ Plan To Raise Taxes On Rhode Islanders?

Last week, Democrats in Congress released a new tax hike plan, promising to increase income taxes, business taxes, and the death tax, if they manage to secure majorities in Congress this November. As Democrat Governor Gina Raimondo and former Democrat Secretary of State Matt Brown compete in Rhode Island’s gubernatorial election, they owe voters a direct answer: Do they support these tax hikes?

Raimondo has spent months railing against recent federal tax cuts by the GOP, calling them “unconscionable,” but was forced to acknowledge the positive impact they had on Rhode Island when National Grid lowered its utility rates as a direct result of the GOP’s federal tax cuts. One of Rhode Island’s largest employers, CVS, also experienced a boost from the GOP’s tax cuts, with its net income attributable rising by 92.6 percent. But now with Democrats in Congress trying to reverse this with business tax hikes, Rhode Islanders deserve to know whether Raimondo supports their efforts. Raimondo’s far-left independent challenger, former Secretary of State Matt Brown has also been silent on the Democrats’ proposals.

Do Raimondo and Brown support Congressional Democrats’ plan to raise taxes on the people of Rhode Island? Voters deserve to know.

Forbes writes:

“This week, Congressional Democrats released a detailed tax hike plan that they promised to implement if given majority control of the House and Senate after the 2018 midterm elections. So much for the crocodile tears about the deficit–Democrats want to raise taxes not to reduce the debt, but rather to spend that tax hike money on boondoggle projects…

Up until this year, the United States labored under the highest corporate income tax rate in the developed world. As a result, jobs and capital were fleeing America for more normal tax rates that could be found in tax havens like France and China (saracasm font very much activated). Finally, after many years of bipartisan consensus that the U.S. corporate rate had become an impediment to attracting new jobs and investment, Congress cut the rate all the way from 35 to 21 percent. Even doing that only puts us in the middle of the pack of developed nations, but that’s a heck of a lot better than dead last…

Instead of figuring out how to raise taxes, Congressional Democrats would do better to work in a bipartisan manner to make the middle class and pro-jobs tax relief just passed into law permanent. A rising tide lifts all boats.”