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House panel rejects proposal for high-income tax brackets

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DOVER, Del. (AP) — A state House committee dealt a blow Wednesday to a proposal by Democratic lawmakers to establish several new tax brackets that would result in higher-income individuals paying more to Delaware’s state coffers.

The Democratic-led committee voted 7-6 not to release the measure for consideration by the full House. Democratic Gov. John Carney is opposed to the bill. Administration officials say it could make Delaware’s income tax structure more volatile and actually lead to a decrease in income tax revenue if affected individuals leave the state or change how they report their non-wage income.

 

 

Source: AP – All contents copyright 2021 Associated Press. All rights reserved.

 

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Delaware marijuana legalization bill clears House committee

DOVER, Del. (AP) — A bill legalizing recreational marijuana use by adults in Delaware cleared its first legislative hurdle Wednesday. A Democrat-led committee voted along party lines, with one lone GOP vote, to send the measure to the House floor. The bill creates a state-controlled and licensed pot industry that supporters say will eliminate the black market while creating jobs and boosting the state's tax coffers. Critics say it won't […]

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