Projo Biz Blog

Toy industry giant Hasbro Inc. of Pawtucket is finding it hard to recruit out-of-state workers because of Rhode Island's high taxes, company chairman Alfred J. Verrecchia said.

"Taxes are a disincentive, particularly property taxes," Verrecchia said at a State House meeting today.

The combination of high income taxes and property taxes, high housing costs, and a quality of education that is "significantly lower" than in some other states "makes it very difficult for us to recruit," Verrecchia said.

His comments came as a state panel met to discuss possible reforms of Rhode Island's tax structure.

Comments

joe said:

First entry in the "bye-bye RI unless we get a deal like APC" sweepstakes

Link | October 2, 2008 10:20 PM
Report Abuse

---

Leave a comment

Name:

Email:

URL:  

Remember personal info?

Captcha:

Type the characters you see in the picture above.