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Choices: $660M OVERPAYMENT to well-compensated international businesses, or tax dollars spent on core government functions here in RI?
Tell your Rep/Senator to be good stewards of your tax monies and to vote NO on a no-bid 20 year contract that gives a $660M OVERPAYMENT to Twin River and IGT.
Rep Michael Chippendale Discusses the lack of necessary legislative oversight on the Governor's 6 month rule by Executive Order; the need to investigate RI's alarmingly high nursing home fatalities during COVID; and the IGT/Twin River deal..."one of the worst proposals in RI history", with former Rep and NewsTalk 99.7 & AM 630 WPRO Show Host John Loughlin
Tell your Rep/Senator to be good stewards of your tax monies and to vote NO on a no-bid 20 year contract that gives a $660M OVERPAYMENT to Twin River and IGT.
Tell your Rep/Senator to be good stewards of your tax monies and to vote NO on a no-bid 20 year contract that gives a $660M OVERPAYMENT to Twin River and IGT.
Twin River's EVP Marc Crisafulli testified, and our independent expert confirmed, there is a SIGNIFICANT taxpayer overpayment within the fine print of the proposed gaming contract. To give the estimated $660M overpayment context, listed below are a few government functions that those monies could be allocated to vs the lucrative overpayment to two already well paid businesses currently benefiting in the contract.
"For the sake of taxpayers and consumers across America’s smallest state, Rhode Island must pursue a competitive, market-based bidding process. Rhode Islanders are all too used to these shady backdoor deals forged under less-than-transparent conditions. But if state leadership embraces competitive bidding, taxes could be lowered and more money could be freed up for pressing public priorities. Rhode Island can, and must, do right by its residents".
~Ross Marchand is the director of policy for the Taxpayers Protection Alliance. Twin River EVP Marc Crisafulli implored the members of House Finance to put the gaming contract out to bid, testifying to the numerous components that made it a BAD DEAL for RI. We verified his concerns with our own independent study...in fact, discovering the deal was worse than Marc thought with the overpayment more than double his testimony at $660M.
Last year the 20 year no-bid contract was a BAD DEAL for Twin River, state revenues AND taxpayers. Twin River's Marc Crisafulli led the charge and pointed to all the areas of concern...specially calling out the Governor's own criteria for a "good deal."
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