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‘Millionaires tax’ at a crossroads as RI’s budget finds unexpected windfall

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‘Millionaires tax’ at a crossroads as RI’s budget finds unexpected windfall


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  • Rhode Island lawmakers are debating a proposed “millionaires tax” amid an unexpected $233 million state revenue surplus.
  • Opponents, like the Rhode Island Public Expenditure Council, argue higher taxes could cause wealthy residents to leave the state.
  • Proponents, including the Economic Progress Institute, advocate for the tax to fund critical programs and address future revenue shortfalls.

The fight over Rhode Island’s proposed “millionaires tax” is intensifying as lawmakers prepare their version of the state budget for the year with an unexpected $233 million tax collection windfall.

The business-backed Rhode Island Public Expenditure Council, one of the groups leading opposition to higher taxes on the wealthy, on May 12 released a new report arguing that states with higher income tax rates see more people leaving for states with lower rates.

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“Given the experience of Massachusetts and the positive net migration of Bay State residents to Rhode Island over the last several years, it would be particularly risky to adopt a top income tax rate that could undermine this trend,” said RIPEC CEO Michael DiBiase. “Taking on this risk is even more unwise given the recent news that state revenues will be $233 million greater than expected. There is no need to raise taxes – instead the state should focus on fiscal discipline and growing the economy.” 

Massachusetts began collecting a 4% surcharge on income over $1 million in 2023 and Rhode Island leaders hoped rich Bay State residents put off by the hike would move to Rhode Island.

On the other side of the issue, the left-leaning Economic Progress Institute argued that the better-than-expected state revenue collections, while welcome, do not cover all of the money Rhode Island could be potentially losing due to cut in last year’s One Big Beautiful Bill Act.

The Economic Progress Institute is pushing for a more aggressive tax increase − a 3% surtax on income over $640,000 − than McKee’s proposal where the higher tax rate would kick in at income over $1 million.

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“It remains imperative the General Assembly pass the proposed surtax on the top one percent this year,” the EPI said in a news release. ” The surtax would generate $203 million per year in revenue, which would bring us closer to: bridging the gulf of lost federal funds, preserving critical programs, and closing the many long-standing equity gaps and crises in healthcare, education, housing, childcare, public transit, and so much more.”   

Their release comes days after the Service Employees International Union Rhode Island State Council rallied at the State House in support of the “Rhode Island’s Revenue Bill,” the tax on income over $640,000. The May 7 rally could be heard during former House speaker K. Joseph Shekarchi’s farewell address.

What is in new RIPEC report?

RIPEC’s latest report finds that:

  • Between 2020 and 2025, states with a higher top income tax rate saw higher net out-migration than states with a lower tax rate
  • During the post-pandemic period of strong revenue collections, more states have lowered income taxes than raised them
  • More residents moved to Rhode Island from Massachusetts (4,796) than any other state from 2020 to 2023 by a large margin. (New York was second at 1,924.)
  • Taxpayers leaving Massachusetts in 2023 were on the wealthier side in 2023, making more than $200,000 per year, compared to 2022.

What does it not show?

The IRS data RIPEC analyzed only covers tax filers who make $200,000 or more in Adjusted Gross Income, so it does not show how Massachusetts residents making more than $1 million, the group whose taxes went up, reacted to the change.

And it does not include migration patterns and tax changes for 2024 or 2025.

In its release urging an income tax increase, the EPI said it estimates the state will lose more than $400 million in federal revenue starting in the fiscal year that starts July1, 202,7 from provisions in the One Big Beautiful Bill Act.

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“Lawmakers need to be proactive for the many needs, gaps, and crises we have now as well as what’s to come – including likely more federal cuts and an upcoming fiscal cliff,” the EPI release said. “Our wealthiest Rhode Islanders can afford to do more, especially with an average annual tax break of nearly $59,000 from Washington.”

The millionaires tax in McKee’s budget is estimated to generate $135.3 million in new state revenue in a full year.

The surcharge on the 1% of earners − starting at income of $640,000 per year − is estimated to generate $203 million per year.



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Rhode Island

Flight restrictions over World Cup sites: Unpermitted drones could be destroyed if they fly in certain areas – The Boston Globe

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Flight restrictions over World Cup sites: Unpermitted drones could be destroyed if they fly in certain areas – The Boston Globe


The drone restriction is centered around the soccer practice field adjacent to Beirne football stadium at Bryant University, and the Graduate by Hilton Providence hotel, which are being used by Team Ghana.

“The FAA exempts drone operations that directly support national defense, homeland security, law enforcement, firefighting or search-and-rescue missions,” Breitenfeldt said. “Commercial operators with a valid statement of work must submit requests at least 72 hours before operating within a restricted area to allow for coordination and approval.”

According to the notice, The Department of Defense, the Department of Homeland Security, or the Department of Justice may seize, damage, or even destroy drones that they deep to be a credible safety or security threat.

Providence law enforcement is handling safety efforts on the ground.

“This is unlike any event Providence has hosted in terms of duration and international reach, but our police, fire, emergency management, and city teams have been preparing extensively,” said Providence Police Chief Oscar Perez in a press release.

The PVD FanZone at Station Park, between the Providence Place Mall and train station, will host fans from around the world. According to the press release, the city will have a layered security plan throughout the FanZone and surrounding downtown area and police presence throughout the district. A mobile command center will be located nearby where the public can seek help.

There will be four staffed entryways with security screening, and alcohol service will end 30 minutes prior to the FanZone’s closing each night.

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Guests will not be allowed to bring coolers or outside food and drinks, drones, or weapons of any kind, according to the press release.


Carlos Muñoz can be reached at carlos.munoz@globe.com. Follow him @ReadCarlos and on Instagram @Carlosbrknews.





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RI Day of Portugal parade names 2026 grand marshals

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RI Day of Portugal parade names 2026 grand marshals


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  • Maria João “MJ” Albuquerque Martins and John Furtado will be the grand marshals for the 2026 RI Day of Portugal Parade.
  • Both marshals are being recognized for their lifelong dedication to preserving Portuguese culture and serving their community.
  • Martins is a longtime volunteer, photographer, and has held leadership roles in various Portuguese cultural organizations.
  • Furtado, a second-generation Portuguese American, has volunteered for over 40 years at churches and cultural clubs.

Maria João “MJ” Albuquerque Martins and John Furtado will serve as the grand marshals of the 2026 RI Day of Portugal Parade.

Martins, a longtime RI Day of Portugal volunteer, will be recognized for “her lifelong dedication to preserving and uplifting Portuguese culture in Rhode Island,” according to RI Day of Portugal officials.

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Furtado will be recognized for his “lifelong dedication to volunteerism, cultural preservation, and service to the Portuguese‑American community.”

“This year we honor two of the most humble and hardworking individuals who have supported not only RI Day of Portugal, but many Portuguese organizations across Rhode Island,” said James Ferreira, president of the RI Day of Portugal Committee.

“These are the people who roll up their sleeves, the ones in the kitchen, cleaning up, setting up, and making things happen,” he added. “They represent the true spirit of service and community, and I’m deeply grateful for their dedication.”

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The 49th Annual Rhode Island Day of Portugal Parade will step off Sunday, June 7 at 3 p.m. from the Rhode Island State House. It will proceed to Smith Street Terrace, Canal Street, Memorial Boulevard and South Water Street, and end at 195 District Park.

From Clube Juventude Lusitana to RI Day of Portugal, Martins’ leadership, cultural preservation and community impact

Martins, a native of Maputo, Mozambique, has dedicated her life to preserving and promoting Portuguese culture in Rhode Island through leadership, education and the arts.

“Maria João’s lifelong commitment to service, cultural preservation, and community pride embodies the spirit of Portugal — resilient, vibrant, and deeply rooted in tradition,” according to RI Day of Portugal officials.

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Martins joined the Clube Juventude Lusitana at age seven, later mentoring students and strengthening its cultural programs.

After studying at the University of Coimbra, she returned to Rhode Island and served the organization in multiple roles, including secretary, public relations officer and interim director of its Portuguese school, where she led a successful transition to remote learning during the COVID-19 pandemic.

A recognized photographer, Maria João has earned several awards, including honors from the Pawtucket Annual Mayor’s Calendar.

For more than 15 years, she has volunteered with the Rhode Island Day of Portugal, serving as art and culture coordinator and organizing exhibits across the state. Her 2025 exhibit at the Museum of Work and Culture in Woonsocket marked the first presentation of Portuguese history and culture at the Smithsonian-affiliated site.

Martins said she was grateful and honored to serve as grand marshal.

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“Thank you to the RI Day of Portugal directors, members, and the community for this meaningful recognition,” Martins said. “Let us continue to stay united through our roots and traditions, preserving our heritage for future generations.”

Furtado honored for ‘quiet dedication, cultural pride, and a heart that leads through action’

Born in Pawtucket, Furtado has spent more than 40 years dedicated to community service and preserving Portuguese traditions in Rhode Island and southeastern Massachusetts.

“Those who know him speak of a man with a big heart, a gentle spirit, and a deep sense of responsibility to the people and traditions he serves,” RI Day of Portugal officials said, noting that he has never sought recognition for his efforts.

“His service has always been rooted in sincerity and a genuine desire to give back,” they added. “His lifelong commitment to service reflects the very best of our community — quiet dedication, cultural pride, and a heart that leads through action.”

A second-generation Portuguese American, Furtado began volunteering at age 15 at churches and cultural organizations, including St. Anthony’s Church, Our Lady of Fatima Church in Rhode Island and the Great Feast of the Holy Ghost of New England in Fall River.

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He has also supported several Portuguese clubs, including the Pawtucket Social Club and Clube Juventude Lusitana, earning a reputation for reliability and quiet dedication.

In addition to his volunteer work, the Lincoln High School graduate built a lifelong career in construction, starting at age 16.

“Thank you to RI Day of Portugal, and thank you to the community,” said Furtado after learning he would be co-grand marshal of the 2026 RI Day of Portugal Parade. “I’m grateful to be part of your families, and I hope our culture continues to grow for generations to come.”



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Rhode Island Senate approves bill requiring staffed lanes alongside self-checkout

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Rhode Island Senate approves bill requiring staffed lanes alongside self-checkout


A bill that puts restrictions on self-checkout lanes is headed to the Rhode Island House of Representatives.

The legislation would require grocery stores to have one staffed checkout lane for every three self-checkouts.

The bill was passed by the Rhode Island Senate on May 21.

Senate President Valarie Lawson said it is to help cashiers, as well as customers who may struggle with checking out their groceries, and Rep. Megan Cotter said the bill is about both cashier and customer protection.

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Coastal ABC’s Cate Hanewich spoke with customers about the bill. (WJAR)

However, Scott Bromberg, executive director of the Rhode Island Food Dealers Association, sees the bill in a different way.

Bromberg said he does not want limitations on self-checkout, and that consumers want the fast-shopping experience that self-checkout has to offer.

“The way modern consumers shop has changed, and they want a faster checkout,” he said.

However, Cotter claims that consumers want staffed registers.

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Bristol resident Alan Gorbutt agrees and said he does not like self-checkout.

“I like the old-fashioned way. Just go to the regular checkout, seeing the regular lady with the happy smile. I get my groceries that way,” Gorbutt said.

Shopper Christine Auserwald said she will go between the two options but has a preference.

“I prefer manual checkout, but if the lines are too long, I do go to self-checkout,” Auserwald said.

Other customers said they only use self-checkout.

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“More convenient, I’m mostly, in and out,” one shopper said.

Bromberg also voiced concern that the bill only limits grocery stores.

Customers using the self-checkout lanes. (WJAR)

Customers using the self-checkout lanes. (WJAR)

“Right now, self-checkout is everywhere you can think of. It’s in hardware stores. It’s in pharmacies, dollars stores, craft stores, discount stores. And we just don’t understand why it only applies to grocery stores,” Bromberg said.

However, Cotter said the bill also includes retail stores Target and Walmart.

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If passed, Rhode Island would be the first state in the country to have a statewide restriction on self-checkout.



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