Del. Senate Panel Releases Tax Bills - 47 ABC - Delmarva's Choice

Del. Senate Panel Releases Tax Bills

Posted: Updated:

DOVER, Del. - Democratic Gov. Jack Markell's proposals to make several recession-era tax increases permanent have been cleared for a state Senate vote.
    
A Senate committee released the bills after a hearing Wednesday. The measures passed the House last week on party-line votes, with only one Democrat voting against them.
    
Democrats say the tax increases are needed to ensure stable revenues as Delaware continues a slower-than-expected economic recovery.
    
Republicans say the bills are premature and renege on assurances made in 2009 that the tax increases would expire after four years.
    
Some of the tax increases have been modified since 2009, but Markell wants to keep corporate franchise, personal income, and gross receipts taxes on most businesses at higher levels than four years ago. The estate tax revived in 2009 would be made permanent.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Most Popular StoriesMost Popular StoriesMore>>

  • UPDATE: Dorchester Co. Remains Identified As Missing DE Sex Offender

    UPDATE: Dorchester Co. Remains Identified As Missing DE Sex Offender

    Wednesday, August 27 2014 5:44 PM EDT2014-08-27 21:44:26 GMT
    DORCHESTER CO., Md. - Human remains found in what investigators are calling a shallow grave in Dorchester County, have been identified as a missing Delaware man.More >>
    DORCHESTER CO., Md. - Human remains found in what investigators are calling a shallow grave in Dorchester County, have been identified as a missing Delaware man.More >>
  • Homeless Sex Offenders

    Homeless Sex Offenders

    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
  • UPDATE: Two Arrested In Ocean City Assault Death

    UPDATE: Two Arrested In Ocean City Assault Death

    Tuesday, August 26 2014 6:07 PM EDT2014-08-26 22:07:10 GMT
    OCEAN CITY, Md. - Police in Ocean City say they have arrested two suspects in connection to the death of a Pennsylvania man over the weekend.More >>
    OCEAN CITY, Md. - Police in Ocean City say they have arrested two suspects in connection to the death of a Pennsylvania man over the weekend.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.