RI Lt. Gov Candidate John Loughlin Slams RI Millionaire’s Tax, Pushes “Millionaire Magnet” Plan

Newport Buzz
RI Lt. Gov Candidate John Loughlin Slams RI Millionaire’s Tax, Pushes “Millionaire Magnet” Plan

Republican candidate for lieutenant governor John Loughlin is voicing strong opposition to a proposed 3% surtax on incomes over $1 million, an idea backed by Democratic gubernatorial candidates, and is instead promoting what he calls a “millionaire magnet” strategy aimed at attracting high earners and businesses to Rhode Island. Loughlin argued the proposed tax would […]

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