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This type of legislation would be a win-win for the State.
1) It would reduce the sales tax on RI purchases that are made during that particular weekend.
2) As it stands now, if someone from RI makes a purchase(s) in Mass. during THEIR sales tax holiday weekend, RI residents are SUPPOSED to submit the 7 % tax abated to RI.
3) It's the perception/publicity the legislation would provide; it would indicate to the average Rhode Island resident/small business as well as out of state visitors(it would provide an open invitation to visitors/tourists, etc.) that the RI legislature is thinking of them; not a program of tax incentives directed at huge companies or for programs that don't apply to most RI taxpayers/businesses.
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