The Rhode Island Center for Freedom and Prosperity calls on the newly sworn-in Governor of Rhode Island, Daniel McKee, to officially withdraw the Ocean State from the regional gasoline cap-and-trade scheme, known as the Transportation & Climate Initiative (TCI).
“For years as Lieutenant Governor, Dan McKee expressed verbal support for the small business community. Now is the time for the Governor to take action and to separate himself from his predecessor’s anti-business policies. The Governor should immediately put to rest any notion that his administration will impose a job-killing, budget-destroying gasoline tax on businesses and families who are struggling to recover from the pandemic,” commented Mike Stenhouse, the Center’s CEO. “Today, our Center calls on the Governor to take executive action to formally withdraw Rhode Island from the TCI compact.”
In December, former Governor Gina Raimondo signed-on Rhode Island, just one of three states to do so, to the TCI Memorandum Of Understanding (MOU). Implementation of TCI would lead to a significant increase in automobile and diesel gasoline prices, while also systematically limiting regional supplies of vehicle fuel.
In calling on Governor McKee to eschew the costly TCI gas tax, the Center points to research and polling that shows why TCI is poor public policy:
- Rhode Islanders are not “bad guys” that should be punished for driving their vehicles, as one gov’t official in Mass. expressed
- The regressive TCI gas tax would disproportionately harm low-income families
- The high economic costs and job losses would further hamper our state’s faltering economy, with virtually no environmental benefit in return
- An overwhelming majority of polled Ocean Staters do not support TCI, once they understand the high costs
- A TCI gas tax would make our state even less competitive, by weakening our already worst-in-the-nation business climate
Later this week, the Center will announce a public campaign to petition the Governor and state legislative leaders to reject the TCI compact.
More information about the proposed TCI gas tax can be found on the Center’s TCI webpage: RIFreedom.org/NoTCItax. The Center is one of over two-dozen organizations in the northeast working cooperatively to defeat TCI in their respective states.
[This is a public statement released by the Rhode Island Center for Freedom and Prosperity today.]