Rhode Island’s Property Taxes are Much Too High But It is Avoidable


GoLocalProv’s Russell Moore had an article yesterday comparing property taxes around Rhode Island. One more data point is needed: how Rhode Island’s property taxes rank nationally. They are tenth highest.

In the article, the R.I. Center for Freedom and Prosperity’s Justin Katz identifies a major factor contributing to our too high property taxes.

One aspect that is central to the property tax question has to do with labor union influence and various regulations and mandates that drive up the cost of labor. We’ll be taking a specific, close look at those numbers within the next year, but we can already say that Rhode Island forces itself to pay a premium for insider, special-interest work.

One other, important related matter. If our officials could lower property taxes, would that decrease the need for affordable housing, which further exacerbates property tax rates? H’mmm …

  • Guest

    Rhode Island could easily reduce local property tax if RI does what Hawaii did. Hawaii is about 10-times in size larger than RI as a whole state made up of 132 not connected islands but only has 1-state government, no
    state police force and 4-municipalities and is the only state in the nation
    that has 1-unified state-wide school district run by state government.

    On the other hand, RI is about 10 times smaller than HI and has 1-state government, 1-state police force, 39-municipalities and 37-individual
    fully staffed school districts run by the municipalities financed by both state
    and local municipality taxes. State of RI is already funding school districts
    and legislating how local schools are operated so why not let the state run the whole system under one unified single system like HI did?

    My city property tax is $300 per year because the municipality only needs lower property tax funds to run the municipality on a balanced budget with no school system to fund. State income taxes, state sales tax and state government fees plus Federal grants cover the cost of operating state
    government and school system and because all my retirement income is from out of state or government, my entire retirement income is state of HI income tax exempt. For me, based on 2006-taxes line item by line item, it is $15,500.00 cheaper per year to live in Honolulu, HI than to live back in RI; 10-years that is $155,000.00 extra in the bank saving account!