Guest MINDSETTER™ Rep. Ruggiero: A ‘Victory Day’ For RI Taxpayers & Small Businesses
Guest MINDSETTER™ Rep. Deborah Ruggiero
Guest MINDSETTER™ Rep. Ruggiero: A ‘Victory Day’ For RI Taxpayers & Small Businesses
Small business is the lifeblood of Rhode Island economy. We have over 95,000 small businesses, and they employ our friends and families. Their success directly impacts the livelihoods of those families as well as our state’s economy in payroll taxes and business taxes to the state.
As consumers, we have the power to support these local businesses and buy local so they survive. That is just one of the reasons I introduced legislation to create a sales tax holiday on Saturday, Aug. 6, 2016.
The timing of the holiday is very intentional: In addition to being the weekend of Victory Day — a holiday unique to Rhode Island — I selected this date to keep Rhode Island shoppers’ dollars in Rhode Island. Let’s support the Main Street economy from Broad Street in Providence, to Main Street in Wickford, to Thames Street in Newport. And let’s welcome our Massachusetts neighbors to cross the border for a tax-free day of shopping.
Sales tax holidays are enticing, providing consumers who have been considering making a big purchase such as a new energy-efficient appliance or a computer with a good reason to open their wallets. Currently, 14 states have scheduled at least one tax holiday this year to boost consumer spending and generate business for local retailers. Massachusetts offers a tax-free weekend and has done so for years.
The advantage to Rhode Islanders is obvious: Shoppers can save money, particularly at a time when many need to start their back-to-school shopping. And they can do it without having to drive to Massachusetts. They can keep their money in the local economy, and hopefully they will consider the many benefits of shopping at small businesses, which support their neighbors and communities.
For the state, there are residual benefits of a tax holiday. Once you buy that new computer, you’ll need a printer and you’ll be buying print cartridges for many months in the future, all with a 7-percent sales tax.
So, visit our beaches on Aug. 6, enjoy the fresh seafood, but don’t forget to buy those artisan crafts, Ocean State souvenirs, and maybe even a new kitchen appliance or computer! A Rhode Island tax-free holiday should boost retail sales, build consumer confidence, and be a VICTORY for our local economies.
Rep. Deborah Ruggiero is a Democrat who represents District 74 in Jamestown and Middletown, and serves as Deputy Majority Leader in the House of Representatives.
Signature almond butter toffee hand-crafted in small batches with the best ingredients. Almonds, sweet cream butter, pure sugar, salt and dark chocolate are skillfully piloted through heat and cold to create a classic treat you can’t resist.
Go out together and be entertained at East Providence’s Comedy Connection where local and international acts like Norm MacDonald, DL Hughey, and Carlos Mencia are currently set to perform!
Inspired by music, art and the laid-back vibes of the West Coast, this women's wear boutique offers a merchandise assortment consisting of statement pieces from contemporary brands not typically found in local shops.
Do you have someone on your list that is very hard to buy a gift for?
Try giving them a different type of relaxing experience with Emerging Energy Acupuncture they offer acupuncture, massage, and herbology services to sooth the body and the mind.
Small Business Saturday Shop RI at the Crowne Plaza in Warwick from 9 a.m. to 4 p.m.
The event will feature over 100 Rhode Island Small Businesses and vendors including entrepreneurs, artists, Farm Fresh RI, Social Venture Enterprises, veterans, and minority-owned businesses.
Second Time Around Sports has plenty of new and gently used sports gear for the athlete in your family.
They also offer special deals on ski and snowboard goods in store - perfect for winter sports during their race to black Friday event which extends all weekend.
Solve a Problem
Bad Dog Tools
24 Broadcommon Rd., Bristol, RI
Bad Dog Tools’ staff can help you find the right tools for the job.
Replace your old drill bits, saw mills and more so you can get back to work on your home improvement project.
Don't Forget Fido
Pet Foods Plus
30 Gooding Ave., Bristol, RI
Pet Foods Plus has a wealth of accessories and new foods and treats to keep your pets happy this winter.
Don’t forget your best friend while out on your holiday shopping spree!
Grab a Drink
The Eddy
95 Eddy St, Providence, RI
The Eddy is one of the coolest places to grab a cocktail before you make your rounds for the weekend.
The Dorrance has an ever-changing cocktail menu and is just a stone’s throw away from other bars like G Pub, Circe, and Congress.
The Dorrance is the perfect spot to start the night right and grab some seriously tasty bar food like their Rhody Calamari, and Duck Confit and Pumpkin.