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WSJ: Rhode Island Joins the Tax Race to the Top

Wall Street Journal Editorial Board, Rhode Island Joins the Tax Race to the Top (June 15, 2026)

Rhode Island Gov. Dan McKee’s five-year record has made him vulnerable to a primary challenge as he seeks re-election this year. Now he’s further punishing his state by signing a millionaire’s tax to win the support of government unions. Let’s hope he doesn’t also sell out children by approving a bill to block new charter schools.

The Governor on Friday signed a $15.2 billion budget that raises the state’s top tax rate on income above $1 million to 8.99% from 5.99%. While Republican-governed states are competing to lower taxes, Democratic-run states are racing to the tax top. Hawaii, Washington and Maine have raised taxes on high earners this year….


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