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How did Rhode Island earn the grade of D? We examined the state taxes based on how age friendly they are. Rhode Island has a state sales tax of 7.00%. Of particular interest is that Rhode Island does have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Rhode Island has an effective property tax rate of 1.65%. Weighing these taxes and other taxes most likely to impact the aging population is how Rhode Island earned its state tax grade of D.
Learn more about taxes in Rhode Island