Many retirees leave for states that have no income tax.
There’s certainly nothing illegal or wrong about retirees leaving the state.
“It’s taxes, certainly weather, but taxes – estate tax, income tax, and property taxes. Our property taxes are the fifth highest in the country,” Sasse said Friday during a taping of NBC 10’s 10 News Conference.
“If you make yourself a more inviting place, not just for pensioners, you solve the problem all up and down the line,” he said.
Both said if Rhode Island had a more favorable tax climate, including property taxes, maybe more private sector and state employee retirees would stay in the state.