Tag: Delaware Gray Fox
General Assembly Post-Game Wrap-Up/Pre-Game Show: Weds., June 17, 2015
My, how times have changed. So much so that HB 115(J. Johnson), which ‘permits individuals subject to the supervision of the Delaware Department of Correction to effect a name change based on a sincerely held gender-related identity’, passed the Senate and goes to the Governor. Two R’s, Cloutier and Lopez, voted for the bill, leaving only the Rethug Haters to either vote no or go not voting.
Rep. Kowalko has introduced two bills providing for higher tax brackets for those making over $125K per year. HB 181 and HB 196. While HB 181 is a straightforward addition of two upper income brackets, HB 196 ‘lowers the current tax rates by .05% for each bracket. The bill also creates a new tax bracket at $125,000 with a rate of 7.05%, and an additional bracket at $250,000 with a rate of 7.80%. The bill also provides a tiered reduction of the otherwise available itemized deduction based upon the individual’s taxable income’. I hope that legislators consider these proposals this year. Otherwise, next year’s fiscal picture will make this year’s look tame by comparison. And, uh, next year is an Election Year.
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