Rhode Island
Hasbro HQ vs. RIPTA funding: What’s at stake under a potential tax on R.I.’s top earners • Rhode Island Current
While Gov. Dan McKee pledged to not raise taxes during his 2025 State of the State address, a crowd of progressive advocates gathered a floor below him rallied for higher taxes on the state’s top earners.
The perennial push to bring a millionaire’s tax to Rhode Island got off to an earlier and more fiery beginning than usual this year. Not surprising, given what’s at stake on both sides of the debate.
To proponents, the tax policy offers a crucial way to boost state revenues, staving off cuts to social services, public transit and health care amid projections of a $223 million structural deficit for the fiscal year that starts July 1. Legislation proposing an extra tax on the top 1% of state earners is slated to be introduced in both chambers this week.
Equally stalwart in their opposition, naysayers insist the tax will cause employers and wealthy residents to seek tax-friendlier pastures.
Including Hasbro Inc. The Pawtucket-based toy and gaming empire is considering a move to Massachusetts, citing the stronger talent pool and access to amenities that Rhode Island lacks.
The absence of a millionaire’s tax, though, is one way the Ocean State can still compete against its northern neighbor, which began a 4% surtax on income over $1 million in 2023.
“It’s a competitive advantage,” House Speaker K. Joseph Shekarchi said, speaking to reporters after Gov. Dan McKee’s State of the State address on Jan. 14. “I think the governor is using that to keep Hasbro and the Hasbro workers in Rhode Island.”
Hasbro did not return multiple inquiries for comment. Company executives have never mentioned state income taxes in publicly released emails or investors’ calls regarding potential relocation plans.
But it’s clear to Laurie White that the company’s calculus on whether to stay or go hinges on costs associated with doing business — including income taxes.
“It’s about two things: access to talent and the cost structure,” White, president of the Greater Providence Chamber of Commerce, said in an interview. “We can’t compete 1-to-1 with Massachusetts on the talent basis. But on taxes, that’s a consideration.”
Rhode Island lacks the appeal of states like New Hampshire or Florida, which don’t tax personal income at all. But it managed to edge out Massachusetts for the first time in a decade last year, in a ranking of state business tax climates by the Tax Foundation.
Rhode Island ranked 41st among states with the most business-friendly tax policies, while Massachusetts fell to 46th. The report cited Massachusetts’ millionaire’s tax as a key reason for its lower ranking compared with past years.
“We do not want to lose that momentum,” Olivia DaRocha, a spokesperson for McKee, said in an email. She also raised an oft-cited argument among opponents of wealth taxes: that states that raise taxes see their top-earners move elsewhere.
A separate Jan. 7 analysis by the Tax Foundation linked lower state income taxes to where people moved within the United States in fiscal year 2024.
The Commonwealth saw the sixth-largest net loss in residents in fiscal 2024, losing .39% of its population, based on an analysis of U.S. Census Bureau data. Rhode Island’s population shrank ever-so-slightly, down .03%, according to the report.
“Rhode Island should learn a lesson from its neighbor to the north about targeting residents’ incomes,” Katherine Loughead, senior policy analyst and research manager for the Tax Foundation, said in an interview. “Rhode Island is already trending in the wrong direction. Outbound migration could be expected to get considerably worse if Rhode Island was to adopt a significant tax increase.”
Not so, according to Alan Krinsky, director of research and fiscal policy for The Economic Progress Institute, which has supported a Rhode Island millionaire’s tax. Ahead of a forthcoming Institute research paper on the “tax migration myth,” Krinsky poked holes in the Tax Foundation’s analysis.
For one thing, Massachusetts was already losing residents at a similar clip even before voters approved the millionaire’s tax. Also noteworthy to Krinsky are the sizes of population swings, which range from .65% loss in Hawaii to 1.26% gain in South Carolina.
“That’s hardly a mass exodus,” Krinsky said.

Meanwhile, other studies suggest taxes hold little sway over where people move. New York saw the number of millionaire households increase by 17,500 from 2020 to 2022, despite imposing a higher tax on income over $1.1 million during that time period, according to a December 2023 report by the Fiscal Policy Institute. Residents who earned over $850,000 a year were less likely to move out of state than people in lower-income brackets, the report found.
Loughead acknowledged that taxes are just one factor in a complex decision of where to move: cost-of-living, particularly housing costs, also plays an important role. New England overall has seen its population decline because of a higher median age and migration to southern states.
Fiscal and policy experts largely agree it’s too early to draw conclusions from Massachusetts’ tax on millionaires. Initial state estimates predicted a $2.2 billion revenue boost from the surtax in fiscal 2024. The Massachusetts Department of Revenue projected $2.4 billion revenue from the tax in fiscal 2026 budget projections, according to news reports.
Less abstract than future forecasts about revenue and population are the financial woes facing the Rhode Island Public Transit Authority, hospitals, and social services. All the more reason, Krinsky said, to consider a surtax on top earners.
Rep. Karen Alzate, a Pawtucket Democrat, plans to introduce legislation this week calling for a 3% surtax on the top 1% of state earners. Preliminary number-crunching suggests that, if approved, the tax would bring in $190 million in revenue per year, affecting residents with net taxable income of $650,000 or more.
Alzate, who introduced similar, though not identical legislation last year, hoped the looming budget deficit might make previous critics take a fresh look at her proposal.
“This is the year to do it,” she said. “We are facing a real deficit and we cannot afford to cut social services and education.”
McKee’s initial fiscal 2026 spending plan did not include higher taxes on top earners. Senate President Dominick Ruggerio has already signaled his opposition. Shekarchi pledged to remain open to all ideas.
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Rhode Island
Rhode Island Pride marks 50th year as early marcher recalls Providence’s first parade
(WJAR) — While Rhode Island prepares for its 50th Pride celebration, many are looking back on the history of the event and remembering the people who launched the movement.
“Being in the first parade in 1976, it was the bicentennial year,” said Billy Mencer Ackerly. “It was absolutely very scary and we didn’t know what was going to happen.”
Mencer Ackerly was among a group of between 70 and 100 people who marched in Providence’s first pride parade in June of 1976, at the time of the nation’s bicentennial celebration.
“People on the sidelines were still looking at us like we just came off of a spaceship,” Mencer Ackerly said. “It was almost like they didn’t believe that we would have enough courage to be able to say who we were.”
Billy Mencer Ackerly was among a group of between 70 and 100 people who marched in Providence’s first pride parade in June of 1976, at the time of the nation’s bicentennial celebration. (WJAR)
For some, it was a chance to come out and be seen. For others, like Billy’s family members who took part in the parade, it was an opportunity to show their support.
“My mother was in a car with two other mothers, and it was driven by a gay guy. And on each side of the car it said, ‘I’m proud to say my child is gay,’” Mencer Ackerly said. “It was the best thing my mother ever did for me.”
But the parade itself was almost shut down before it began.
“They were denied the parade by the police chief who said there would be no parade in providence over his dead body,” retired judge and former civil rights attorney Stephen Fortunato said.
First, the bicentennial commission rejected a proposal to include the pride parade in the bicentennial celebrations.
“They can be gay. I have no qualms about their activity or their private habits. We denied endorsement primarily because their activities do not sufficiently relate to the bicentennial,” said Patrick Conley in 1976. He was the Chairman of the Bicentennial Commission at the time.
Stephen Fortunato, who was a civil rights attorney at the time, took on the case.
“This group was ostracized, hated, discriminated against,” Fortunato said. “These civil rights and civil liberties cases depend on the courage of individual people or groups of people like the gay community at the time.”
Billy Mencer Ackerly’s mother, among other mothers, were in a car that read ‘I’m proud to say my child is gay’ during the first parade.
They took the case to federal court and won, paving the way for not just one parade, but five decades of love, acceptance and visibility.
“This movement is based on love,” said Rodney Davis, the current president of Rhode Island Pride. “I want people to come and experience themselves. Their whole selves, who they are.”
This year, organizers are honoring those who came before as well as the tens of thousands of people who show up every year to continue to carry the torch.
“Our theme for this year is ‘We are the people,’ because without everyone America isn’t America,” Davis said.
NBC 10 asked Davis what he hopes to see in the future.
“I want to get to a point where we don’t have to fight to exist,” Davis said. “It’s gotten better, but it’s not there yet.”
Since 1976, Mencer Ackerly has attended Rhode Island’s Pride celebration nearly every year. This coming weekend, he’s once again looking forward to participating.
“When I’m in the parade, I will also be thinking of all those ’76ers that have passed away over the years and about their bravery and their courage,” Mencer Ackerly said. “And I just believe they’ll be clapping up in heaven and celebrating for all of us.”
This year’s PrideFest kicks off Saturday morning at 10:00 a.m. at District Park in Providence.
Rhode Island
Tomaquag Museum preserves Indigenous history and culture in Rhode Island
(WJAR) — Tucked away in the woods of Exeter, a small museum is preserving stories that long predate Rhode Island’s founding, and even the arrival of European settlers in New England.
The Tomaquag Museum is Rhode Island’s only Indigenous-led museum and one of the oldest tribal museums in the United States.
For more than six decades, it has worked to preserve and share the history, culture and resilience of Native peoples across Southern New England.
A historic image from the Tomaquag Museum. (Tomaquag Museum)
“Tomaquag Museum is very unique in that it was founded by women,” said Executive Director Loren Spears.
The museum traces its roots back to 1958, when anthropologist Eva Butler and Narragansett Wampanoag elder Princess Red Wing set out to preserve Indigenous history through an Indigenous lens.
The collection originally began in Tomaquag Valley in Hopkinton, which inspired the museum’s name.
A member of the Narragansett Native American Tribe, Spears said the museum’s mission is to ensure Native voices remain part of the historical narrative.
A painting at the Tomaquag Museum that depicts a harsh scene. (WJAR)
“There is no U.S. history without First Peoples’ history,” she said.
The Narragansett Tribe, based primarily in Charlestown, has a history in the region stretching back more than 30,000 years.
Before English colonization, the Narragansetts were among the most influential Indigenous nations in Southern New England.
A display on historic documents at the Tomaquag Museum. (WJAR)
“We’ve had this interrelationship and this history the whole time and have contributed to the creation and formation of this nation in different kinds of ways,” Spears said.
Today, the museum houses thousands of cultural belongings and hundreds of thousands of archival materials documenting Indigenous communities throughout the region.
Among the artifacts on display is an American flag that flew in Afghanistan in honor of the Narragansett Tribe.
“People are often like, ‘Why is there a flag here?’” Spears said. “It’s here because this exact flag flew in Afghanistan in honor of the Narragansett Tribe.”
A U.S. dollar bill signed by Lynn Malerba, the first female chief of the Mohegan Tribe in modern times and the 45th Treasurer of the United States. (WJAR)
The museum also showcases a U.S. dollar bill signed by Lynn Malerba, the first female chief of the Mohegan Tribe in modern times and the 45th Treasurer of the United States.
“You can’t get any more American than a dollar bill,” Spears said. “To be able to see that an Indigenous woman is the one that signed that as the treasurer, we think is pretty remarkable.”
Visitors can explore the museum’s exhibit, “Revolution to Reclamation: Freedom Through Indigenous Sovereignty,” which includes hands-on activities designed for families and children.
Guests can create corn husk dolls, play traditional games, and learn about Native cultures through interactive displays.
Tomaquag Museum Executive Director Loren Spears and NBC 10’s Abbey Buttacavoli at the museum. (WJAR)
In 2016, the museum received the National Medal for Museum and Library Service, the nation’s highest honor for museums and libraries.
The museum is also preparing for a major new chapter. Within the next few years, Tomaquag plans to relocate to a new facility on the campus of the University of Rhode Island, with hopes of breaking ground by the end of 2026.
“There’s an importance to having Indigenous voice in the room and being part of the story,” Spears said.
Rhode Island
Cumberland Man Charged With DUI After Crash in Lincoln: Cops
Ethan McDermott, 22, was arrested shortly after midnight Friday as a “result of an investigation into a motor vehicle crash on Route 146,” the Rhode Island State Police said in a media release.
McDermott was also charged with reckless driving and other offenses against public safety and refusal to submit to a chemical test, according to the release.
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