Rhode Island Governor Floats Cutting Social Security, Gas Taxes

Jan. 14, 2026, 4:31 PM UTC

Rhode Island Gov. Dan McKee (D) proposed eliminating the state’s tax on Social Security benefits, creating its first permanent child tax credit, and lowering the gasoline tax in a bid to address affordability concerns.

McKee, who hasn’t released his formal budget request, made no mention of his warming support for imposing an additional income tax bracket on the top 1% of earners. The governor faces re-election in 2026 and an estimated budget deficit of at least $101 million in the fiscal year that begins in July.

  • McKee said his plan will save Rhode Islanders $215 million in the first full ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.