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Buddy Comments On Possible RI Economy 'Game Changer'

Chris Boardman

Story Created: Oct 27, 2009 at 4:28 PM EDT

Story Updated: Oct 27, 2009 at 4:41 PM EDT

An idea brought up in a recent brainstorming session geared toward bringing the RI economy back from the brink has Buddy sounding off...

Tuesday, Oct 27 at 4:59 PM ES&D wrote ...

Buddy & John, Have you ever looked at your Phone Bill, Electric Bill or the other few corporations that pay "their tax" under the "Gross earnings" not Corporate or other. The entire "Tax" is on your bill. They don't pay anything. It is like a sales tax to the consumer. So will the consumer now pay both? Unlike the business taxes it is very easy to pass it to consumer They can advertise a lower price and up the Gross Receipt tax.

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