R.I. tax changes aid family businesses

Kate Brewster scoffs at the idea that people who inherit property do not have to pay a death tax on the first $1.5 million they inherit (“R.I. budget helps wealthy, hurts most,” Commentary, June 14). She states, “At the same time, lawmakers gave away millions in estate tax breaks to[...]

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Rhode Island governor signs minimum wage increase

Rhode Island’s Democratic governor, Lincoln Chafee, has signed a bill to increase the state’s minimum wage by $1, to $9 an hour, his office said on Thursday, following similar moves by neighboring New England states. The hike, which will take effect next year, comes as Democrats across the country have[...]

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5 ways states are luring small business

Venus Hurst could have set up her two businesses almost anywhere. But she chose Detroit, Michigan, to run her international staffing agency, Venus Staffing, which she founded more than a decade ago, and Doll Face, a cosmetics start-up launched in 2011. Hurst finds Michigan’s environment very friendly to entrepreneurs like[...]

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Bottom state Rhode Island struggles to move the needle

The smallest state once again has the smallest score. Rhode Island, the Ocean State, hits the bottom of our America’s Top States for Business rankings for the third time in four years. The poor showing comes despite a sweeping package of reforms approved last year, including more than two dozen[...]

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Fort Kent awarded $399,100 in grants to date this year

FORT KENT, Maine – So far in 2014, $399,100 in grant funds have been awarded to various projects in Fort Kent, according to a June 24 press release from the town’s director of economic development, Steven Pelletier. Most recently in June, the Maine Department of free credit report gov awarded[...]

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