Investor Presentaiton

• Epilogue The proposed sales tax repeal in Rhode Island became a "Battle of the Alamo" between the State Tax Analysis Modeling Program (STAMP) and REMI's PI+ model ORA's original presentation to the Joint Legislative Commission to Study the Sales Tax Repeal Act of 2013 contained numerous slides on the assumptions and differences between the two models • This presentation can be obtained by emailing Paul Dion at [email protected] The Institute on Taxation and Economic Policy (ITEP) also wrote a piece based on this "Mexican Standoff" which is available at http://itep.org/itep_reports/ September 23, 2014 2014 Revenue Estimation and Tax Research Conference 26

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