RI Leaders Promise to be More Business Friendly

 Twitter: @markcurtisABC6 

It’s not often you see a large group of people applauding politicians, but things in Rhode Island may be changing.

The annual legislative luncheon from the Greater Providence Chamber of Commerce, highlighted new proposals from smith hill.

They include getting rid of income taxes on social security benefits.

“It’s a matter of fairness. It’s a matter for putting more money in the hands of people that desperately need it. And that money will ultimately get reinvested in the economy and it will help keep people in the State of Rhode Island.” Said House Speaker Nick Mattiello, (D) Rhode Island.

Much of the applause was for ideas to make the ocean state more business friendly.

“They want to continue on the trend of reduction of taxes, whatever the taxes may be. Last year we looked at corporate taxes; we looked at estate taxes,” said State Sen. Dennis Algiere, (R) Minority Leader.

ABC6 Chief Political Reporter, “So often the big hope coming out of these luncheons is more business friendly legislation.

And certainly the biggest item up for discussion – allowing the Twin River casino in Lincoln, permission to build a large hotel, making it a resort destination.

“It’s important that we have a full set of amenities to offer our patrons. Our table game players are asking for the ability to play and dine and stay with us,” said Twin River CEO John Taylor.

And with Massachusetts getting ready to open casinos, the Twin River hotel is getting lots of support.

“I think that they have a been a good corporate citizen and that revenue is of critical importance to the state moving forward,” said Senate President Teresa Paiva Weed, (D) Rhode Island.

Gaming is Rhode Island‘s third largest revenue source, but the town of Lincoln – where Twin River is located – would have to approve the hotel first.