McKee Discusses Plans to Eliminate Social Security Benefit Tax

Gov. Dan McKee spoke at the Edward King House on March 16 about his “affordability for all” agenda, which is omnipresent in his nearly $15 billion budget for the 2027 fiscal year.

“When we talk about afford­ability for all,” he said. “I’m talking about for all.”

The governor discussed his plan to eliminate the state income tax on Social Security benefits over the course of three years. The plan would phase out the tax com­pletely by 2029, first relieving early retirees in 2027 and higher-income earners in 2028. He said it’s not fair for the state to double dip into re­tirees’ pockets, who already paid into their Social Security via taxes. Rhode Island is one of eight states that tax Social Security benefits…

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