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ChampionedSmall Business / Taxes

Call for reducing the state corporate minimum tax from $400 to $350, which most affects the smallest businesses.

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ChampionedFact-checker reviewConfidence: 85%

Independently re-verified. All three sources in the prior rating are real, live, and quoted accurately (I re-fetched each). I also found a stronger primary source the prior researcher did not cite: Article 6 of McKee's FY2025 budget bill as submitted to the General Assembly contains the actual statutory amendment. Section 12 of that article amends RIGL 44-11-2 and reads: 'For tax years beginning on or after January 1, 2025 the tax imposed shall not be less than three hundred fifty dollars ($350.00).' That establishes McKee did not merely rhetorically 'call for' the cut -- he drafted and formally sponsored the operative statutory language in his own budget bill (announced in the Governor's Office FY2025 budget release of Jan 18, 2024, projected to benefit ~65,000 entities). It did not become law: RIGL 44-11-2(e) as published today still reads 'For tax years beginning on or after January 1, 2017, the tax imposed shall not be less than four hundred dollars ($400)' with no $350 sentence, and the RI Division of Taxation still states a '$400.00' corporate minimum. Fairness check under a party-blind standard: filing the amendment as an article of one's own budget bill is sponsorship/leading, which is the explicit bar for CHAMPIONED ('LED/sponsored/drove the effort, beyond a single supporting vote') -- an identically situated Republican governor would earn the same label. FULL is wrong because the tax was never reduced; ATTEMPTED understates authorship of the bill language; PARTIAL is wrong because no portion of the $50 reduction took effect. Note: the prior rationale's assertion that McKee 'did not carry it forward into his FY2026 budget' is NOT verified -- FY2026 Article 6 is titled 'Relating to Economic Development,' so article numbering shifted and I could not confirm the claim either way. That detail does not affect the label, which rests on the FY2025 sponsorship plus non-enactment. Confidence raised slightly from 0.80 to 0.85 on the strength of the recovered bill text.

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