By Joanne Butler, Senior Fellow at CRI’s Center for Economic Policy and Analysis Although many folks may not ever feel free from government these days, according to the Tax Foundation national “Tax Freedom Day” occurs on April 9th and the date for Delaware taxpayers is April 11th. Freedom Day is the date at which taxpayers [...]
Archive for the ‘Tax Increases’ Category
Tax Freedom Day
Posted in Economy, national debt, Tax Increases, Taxes, Uncategorized on April 9, 2010 | 1 Comment »
Higher Tax Rates Could Cost Delaware $100 Million/Year
Posted in State Spending, Tax Increases, Uncategorized, tagged Tax Increases on February 2, 2010 | 2 Comments »
Delaware proves again, lower top tax rates increase revenue. A study by the author comparing top income tax rates to inflation adjusted income tax revenues from 1988 to 2008 shows revenue increases as tax rates drop. Revenue increased about $189 million/yr or 25% when the top tax rate decreased from 7.7% to 5.95 %. The study uses [...]
This just in from DNREC
Posted in Delaware, Economy, Free Markets, Jobs, Markell, Tax Increases on December 30, 2009 | Leave a Comment »
Delaware joins 10 other Northeast and Mid-Atlantic states in pact to improve air quality and reduce greenhouse gas emissions from fuels DOVER – Gov. Jack Markell joined the governors of 10 other Northeast and Mid-Atlantic states today in announcing a Memorandum of Understanding (MOU) among the states that underscores their commitment toward developing a regional [...]
Ad revenue from public property is a good idea
Posted in Economy, New Castle County Council, Tax Increases on September 23, 2009 | 1 Comment »
Should the state, county or municipalities sell ad space on government-owned property? Last month, the Caesar Rodney Institute put forth the idea as a suggestion for state government to consider in a paper outlining ideas on how to prepare for the 2010 legislative session. I’m glad to see that New Castle County is considering the [...]
They’re coming for your wallet
Posted in Tax Increases on June 30, 2009 | Leave a Comment »
It has happened. Well, it’s close to happening. The Delaware House of Representatives voted to increase a large handful of taxes and fees last night in their effort to close the state’s $800 million budget gap. The legislators will tell you that the effort to close this gap has been an honest mix of spending [...]
Here comes the bride
Posted in Delaware, Economy, General Assembly, Tax Increases on June 25, 2009 | Leave a Comment »
It’s June, the time for weddings, and if certain elected officials in the General Assembly have their way, it will also be the time for paying more to take that walk to the altar. Yes, when the bride throws her bouquet, our legislators want to catch some cash. Raising the fee for a marriage license [...]
Catastrophic compulsory confiscation done casually
Posted in Economy, Tax Increases on June 24, 2009 | Leave a Comment »
The casual way some in Dover, from the Governor to the House Majority Leader, say “we recognize these are bad choices,” or “everyone will share the burden,” or “there are negatives with any of these options” when discussing the myriad proposed tax increases is disturbing. As quoted in today’s News Journal, Majority Leader Pete Schwartzkopf [...]
Maine does what Delaware should do
Posted in Tax Increases on June 24, 2009 | Leave a Comment »
While Delaware lawmakers consider some two dozen (or more) proposed tax and fee increases, Maine’s legislature is moving in the opposite direction. From the Wall Street Journal, At last, there’s a place in America where tax cutting to promote growth and attract jobs is back in fashion. Who would have thought it would be Maine? [...]
Tax increases = bad
Posted in Tax Increases on June 18, 2009 | Leave a Comment »
State Rep. John Kowalko’s House Bill 238 is now in committee. This bill will increase the current top personal income tax rate to 6.95% from 5.95% and will create a new top tier for people earning over $100,000 of 7.95%. House Bill 239, which will raise the fee for LLCs to $300 is now also [...]
