On February 21, 2026, the Rhode Island state government made a significant announcement regarding changes in taxation policies that will impact residents and businesses in the state. Governor Samantha Roberts held a press conference to discuss the new taxation measures aimed at creating a more equitable and sustainable tax system.One of the key changes introduced by the state government is the implementation of a progressive income tax system. Under this new system, individuals with higher incomes will be required to pay a higher percentage of their earnings in taxes, while those with lower incomes will see a reduction in their tax burden. Governor Roberts emphasized the importance of fairness in taxation and stated that the progressive income tax system will help ensure that all Rhode Islanders contribute their fair share to support essential services and programs.In addition to the changes in the income tax system, the state government also announced adjustments to the sales tax rates. Starting next year, certain luxury goods and services will be subject to a higher sales tax rate in an effort to generate additional revenue for the state. Governor Roberts explained that the decision to increase taxes on luxury items was made to alleviate the tax burden on essential goods and services that are more frequently used by low and middle-income residents.Furthermore, the state government is planning to introduce tax incentives and credits to encourage investment in renewable energy and sustainable practices. Businesses that invest in solar panels, energy-efficient appliances, or green building technologies will be eligible for tax breaks and other financial benefits. Governor Roberts emphasized the importance of combating climate change and transitioning to a more sustainable economy, and stated that the new taxation policies are aligned with Rhode Island's environmental goals.Overall, the changes in taxation policies announced by the Rhode Island state government are aimed at promoting fairness, sustainability, and economic growth. Residents and businesses in the state can expect to see changes in their tax obligations in the coming years as these new measures are implemented. Governor Roberts encouraged residents to stay informed about the changes and reach out to state officials with any questions or concerns about the new taxation policies.