RI gov proposes tax credit for companies that hire
PROVIDENCE, R.I. (AP) - Gov. Don Carcieri proposed a tax credit for companies that hire workers as one fix to a recession that has pushed unemployment to nearly 13 percent, but he did not explain in his final State of the State speech Tuesday how the program would work.
Carcieri said the state budget he will submit next week will also contain measures to spur lending to small firms and other forms of business-tax relief. He promised to balance a $400 million state budget deficit without raising taxes.
While the Republican governor acknowledged the continuing
