A House finance committee released a bill that ultimately will allow low-wage earners to keep more of their money, a move that will cost the state 10s of millions every year. House Bill 89, sponsored by Rep. Paul Baumbach, D-Newark, would do three things: Increase the amount of refunded tax from 4.5% to 7.5% for low-wage earners who meet the …
A bill that would allow more lower wage earners to keep more of their pay is set to be heard Tuesday in the House Revenue & Finance committee. House Bill 89, introduced by Rep. Paul Baumbach, D-Newark, would increase the amount of refunded tax for those who meet the federal Earned Income Tax Credit from 4.5% to 7.5%. It would …
A bill to lower the state’s real estate transfer tax will go to the House of Representatives passed a committee Wednesday. Two Republican bills designed to take advantage of Delaware’s flush revenues found different fates Wednesday in the House Revenue and Finance Committee, with one failing to gain traction and the other earning unanimous support. The first was House Bill …
