“A homeowner in West Warwick pays $5,400 more in annual property taxes for the exact same house than if they lived in Little Compton. If you own a business, your property tax bill ranges even more drastically – up to $35,000 more if you live in Central Falls rather than Little Compton.
And that’s a problem, according to the Rhode Island Public Expenditure Council. The policy research group recently released a report highlighting how disparities in municipal tax rates and policies create imbalances that ultimately hurt communities with lower property wealth, which typically have higher tax burdens.”
Read more via Providence Business News.