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Lincoln Chafee presidential campaign, 2016/Taxes

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Former presidential candidate
Lincoln Chafee
Political offices:
Governor of Rhode Island
(2011-2015)
U.S. Senate
(1999-2007)
Chafee on the issues:
Taxes • Government regulations • International trade • Budgets • Agricultural subsidies • Federal assistance programs • Labor and employment • Foreign affairs • Federalism • Natural resources • Healthcare • Immigration • Education • Abortion • Gay rights • Civil liberties
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This page was current as of the 2016 election.

  • On his campaign website, Lincoln Chafee expressed disapproval of the Bush-era tax cuts, which he believes favored the wealthy. Chafee stated, “Today’s system is stacked against the working people of this country... I will work for a fair tax structure that removes excessive loopholes and tax cuts for wealthy citizens and corporations.”[1]
  • In 2014, Chafee signed Rhode Island’s budget for 2015 which reduced corporate income tax from 9 to 7 percent and repealed the franchise tax.[2]
  • In 2012, Chafee signed into effect a one-time 75-day tax amnesty period to allow Rhode Island taxpayers the opportunity to file past-due returns and pay delinquent taxes with no penalties and reduced interest.[3]
  • In 2011, Chafee proposed a state budget with 1 percent sales tax on several exempt items, but declined to apply the tax to medical devices.[4]
  • In 2004, Chafee voted for S 150 - Internet Tax Nondiscrimination Act, which extended the moratorium on taxes on Internet access through November 2007. It became law on December 3, 2004.[5]
  • In 2003, Chafee co-sponsored S 1736 - The Streamlined Sales and Use Tax Act, which would have simplified and made uniform the sales tax in member states.[6]
  • In 2003, Chafee co-sponsored S 1637 - Jumpstart Our Business Strength (JOBS) Act. It was the predecessor bill to the American Jobs Creation Act of 2004, which became law in October 22, 2004.[7]

Recent news

This section links to a Google news search for the term Lincoln + Chafee + Taxes


Lincoln Chafee Taxes News Feed

See also

Footnotes

  1. ↑ Chafee Campaign Website, “Policy,” accessed Sept. 18, 2015
  2. ↑ Rhode Island Department of Revenue, “Tax changes take effect on Thursday, January 1,” December 30, 2014
  3. ↑ RI.gov, “Governor Chafee Launches Tax Amnesty Program,” August 29, 2012
  4. ↑ RI.gov, “Governor Lincoln D. Chafee Unveils First Budget in Address to General Assembly,” March 8, 2011
  5. ↑ Congress.gov, “S.150 - Internet Tax Nondiscrimination Act,” accessed April 30, 2015
  6. ↑ Congress.gov, “S.1736 - Streamlined Sales and Use Tax Act,” accessed April 30, 2015
  7. ↑ Congress.gov, “S.1637 - Jumpstart Our Business Strength (JOBS) Act,” accessed April 30, 2015
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