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Investor Presentaiton

RI PI+ Sales Tax Repeal Results The Sales Tax Repeal Only table shows that eliminating the sales tax w/out reducing State spending has a bigger impact on the RI economy - Private employment increases by 10,649 jobs in Year 5 Private investment increases by $319 million in Year 5 - RI GSP increases by $978 million in Year 5 - RI population increases by 25,322 in Year 5 By Year 5, nearly twice as many private jobs are created and RI Gross State Product is $1.0 billion more than under the Sales Tax Repeal and State Spending Reduction simulation The difference in the two simulation values vis-à-vis the baseline is due to the direct, indirect and induced effects of State government spending September 23, 2014 2014 Revenue Estimation and Tax Research Conference 19 19
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