Revenue for RI

A campaign to raise much-needed revenue for Rhode Islanders by ensuring the top 1% of earners contribute their fair share.

Sign a letter of support to your legislators and State leaders!

Our Proposal

$203 MILLION
IN NEW
REVENUES

We propose raising revenue for Rhode Islanders by adding a new 3% surtax for the top 1% in income – at a rate of 3.00% (on top of the current top rate of 5.99%) on taxable income above $640,000 (average total income of $772,000).
This proposal will have no effect on Rhode Islander filers whose taxable income is $640,000 or less; even those whose taxable income after deductions and credits is $640,000 or less will see no change in their taxes.
This proposal impacts only an estimated 6,100 tax filers.
This proposal will generate an estimated $203 million in new revenue.
This new revenue could be appropriated for Child Care & Early Education, Education (Kindergarten through College), Roads & Bridges, and Public Transportation.

These revenues can be used for:

Child care & early education

Education (K-college/university)

Roads/bridges

Public transportation

Sign a letter of support to your legislators and State leaders!

This proposal will only impact the top 1% of earners (and only applies to income above $640,000).

*These examples use RI’s 2026 tax brackets; the inflation-adjusted amounts for 2027 will most likely make the Top 1% cut-off higher than $640,000 and the additional annual tax estimates will therefore most likely be lower.
**Modeling of tax savings for Rhode Islanders was produced by the Institute on Taxation and Economic Policy (July 2025).

Our current tax system is heavily skewed in favor of the highest-income Rhode Islanders, who pay a much lower percentage in taxes as a share of their annual income.

* Institute on Taxation and Economic Policy, “A Distributional Analysis of the Tax Systems in All 50 States” | Seventh Edition, January 2024

*Using Tax Year 2026 dollars and brackets; actual Tax Year 2027 brackets will be adjusted for inflation and announced in November or December 2026 by Rhode Island’s Division of Taxation; the inflation-adjusted cut-off for the surtax is likely to be higher than $640,000.