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Home Illinois News

Money Doesn’t Better School Outcomes

Illinois Review by Illinois Review
March 11, 2020
in Illinois News
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Unnamed (1)In an effort to increase education funding in Rhode Island, two state lawmakers have introduced a tax reform plan that would raise taxes on residents earning more than $500,000 annually. The new tax bracket would add 1 percentage point to the 5.99 percent top rate for income earned higher than $500,000. An incremental amount of the new revenue would be directed to a designated account for funding K-12 education

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