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Legislation would exempt social security benefits from R.I. income tax
A Republican state lawmaker wants Rhode Island to join the majority of states that exempt social security benefits from the local income tax. Rep. Patricia Morgan, R-West Warwick, says the proposal would encourage the some 60,000 elderly residents that currently pay taxes on their social security benefits to remain in the state, despite Rhode Island’s still struggling economy.”This is all about sending a signal to seniors and retirees, in particular, that they are cared for, that we value their being in Rhode Island, and we want them to stay,” she said in a statement...Read More
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