Investor Presentaiton
The Zero.Zero Sales Tax Report
The impetus for the formation of the Commission was a
2013 study produced by the Rhode Island Center for
Freedom and Prosperity titled “Zero.Zero Sales Tax"
• The centerpiece of the 2013 Zero.Zero Sales Tax report is
the economic impact results derived from the STAMP
model of the Rhode Island economy:
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The creation of approximately 25,000 private sector jobs
Nearly $1.0 billion of Rhode Islanders' own money to be spent
in the state's economy
A $150 million revenue gain for cities and towns and more than
$500 million in state tax receipts from increased economic
activity
Cost savings for businesses through eliminated compliance costs
and reduced costs for supplies and services
September 23, 2014
2014 Revenue Estimation and Tax Research Conference
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