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Patricia Morgan on Tax Reform

 

 


Rhode Islanders relocate to avoid the confiscatory death tax

Rhode Islanders face the third highest estate tax burden in the United States, and many successful Rhode Islanders relocate elsewhere to avoid this confiscatory death tax, thus depriving the state of income and sales taxes and other economic benefits. In an effort to mitigate this situation, Patricia has annually sponsored legislation since 2011 that would raise the estate tax exemption in parallel to federal law for both small businesses and individuals.
Source: 2018 R.I. Gubernatorial campaign website PatriciaForRI.com , Mar 21, 2018

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