State of Rhode Island Archives: on Corporations
Rhode Island Innovation Institute: bring back manufacturing
Rhode Island has a long legacy of economic prosperity. For decades, we were a manufacturing powerhouse--and with manufacturing driving our economic growth, Rhode Island was able to grow a healthy, prosperous middle class. Our state thrived, and so did
our families. But when the global economic climate changed, our state failed to adapt. Since then, we've relied on risky, poorly-planned gambles and insider deals.
As governor, Gina will:
Source: 2014 R.I. Gubernatorial campaign website, GinaRaimondo.com
Nov 4, 2014
- Establish the Rhode Island Innovation Institute (RI II),
a center dedicated to taking the good ideas coming out of our colleges and universities and turning them into products that we make right here in Rhode Island.
- Use our state's competitive advantages to become a leader in marine science, food
technology and medical device manufacturing.
- Create a "Manufacturers' Toolkit" to help our existing manufacturer grow, expand product lines and gain exposure in new markets.
Make R.I. the most attractive place to do business
Hinckley, the co-founder of a successful software firm, argued that it's time for new leadership in Washington to help the economy and refashion the tax code. "We need to make Rhode Island and
America the most attractive place in the world to do business," he said. "We need fresh faces that are connected to Main Street."
Source: Boston Globe on 2012 R.I. Senate debate
Oct 23, 2012
Cut the business tax rate from 35% to 20%
Hinckley knew as a businessman that taxes and benefits added to the expenses made it hard to hire new employees in America. Hinckley favors cutting the business tax rate from 35 percent to 20 percent.
Senator Whitehouse blamed the
Bush administration for the economic situation that Rhode Islanders face. He favored innovation, manufacturing and creating new infrastructure as key ways to renew Rhode Island's economic landscape.
Source: Examiner.com on 2012 R.I. Senate debate
Oct 23, 2012
Page last updated: Dec 11, 2015