New RIPEC Report: RI Is a High Tax, High-Spending State

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The Rhode Island Public Expenditure Council (RIPEC) on Monday released a new study that compares Rhode Island’s budget to other states and dubs Rhode Island a high-tax, high-spending state.

How Rhode Island Compares: State and Local Taxing and Spending, an analysis, compares RI’s revenues and expenditures to those of the 49 other states and the New England region. Using the most recent data from the U.S. Census Bureau (FY 2023), the report shows how Rhode Island’s fiscal profile has shifted over time and how it aligns with and diverges from national and regional trends.

Across 31 revenue and spending categories, the report offers 50-state rankings that reveal how state and local tax collections and public expenditures in Rhode Island measure up…

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