Have you seen this video? This is an investigative report from a Georgia TV station into the happenings around an ALEC event. Take a look at the legendary backroom where legislators and corporate lobbyists create legislation intended to screw over regular taxpayers:
This is one of the strangest looking charities I’ve ever seen, wonder when the IRS will get involved? So who in Delaware belongs to this group?
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Finally, someone starts talking some sense about Delaware’s tax rates. Seriously, it makes no sense to raise the taxes of the people who did not gain much during the recovery (the plan to eliminate deductions) — taxes should be raised on the folks who did get the money:
Delaware’s personal income tax is the largest source of state revenue, generating $1.2 billion this year – enough to fund almost 32 percent of total state government operations.
Delaware’s top income tax rate of 6.6 percent is charged on incomes $60,000 and above.
Some lawmakers now say adding a tax bracket for wealthier Delawareans could help solve the state’s budget problems, while more fairly spreading the state’s income tax burden.
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What interests you today?