Gov. Markell Signs Extension of Taxes - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Gov. Markell Signs Extension of Taxes

Posted:

DOVER, Del. (WBOC) - Gov. Jack Markell has signed into effect four bills that make several recession-era tax increases permanent. 

The Senate passed all four bills Thursday on party-line votes, with no Republicans voting for them. The measures needed the approval of all 13 Democrats to achieve the required three-fifths majority.

The bills passed the House last week on similar party-line votes, with only one Democrat voting against them.

Republicans say the bills are premature and renege on assurances made in 2009 that the tax increases would expire after four years.

The bills keep corporate franchise, personal income, and gross receipts taxes on most businesses at higher levels than four years ago, though lower than when the increases first went into effect. The estate tax revived in 2009 also would be made permanent.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Transforming Wallops Island into a Tourist Destination

    Transforming Wallops Island into a Tourist Destination

    Tuesday, April 15 2014 9:55 PM EDT2014-04-16 01:55:57 GMT
    coming right back......More
    coming right back......More
  • Del. Bill Would Allow Alcohol in Movie Theaters

    Del. Bill Would Allow Alcohol in Movie Theaters

    Tuesday, April 15 2014 11:35 PM EDT2014-04-16 03:35:27 GMT
    REHOBOTH BEACH, Del. - A Delaware House Bill that is currently in committee would legalize the sale of liquor, wine and beer in movies theaters in the state.More
    REHOBOTH BEACH, Del. - A Delaware House Bill that is currently in committee would legalize the sale of liquor, wine and beer in movies theaters in the state.More
  • Tax Filing Day Goes Digital

    Tax Filing Day Goes Digital

    Tuesday, April 15 2014 11:34 PM EDT2014-04-16 03:34:29 GMT
    Across the country, people faced the deadline Tuesday to file their taxes. However, the scene was vastly different from that of just a decade or two in the past. At Post Offices across the nation, the mad-rush that defined this day in the past has all but disappeared, being replaced by an electronic process.More
    Across the country, people faced the deadline Tuesday to file their taxes. However, the scene was vastly different from that of just a decade or two in the past. At Post Offices across the nation, the mad-rush that defined this day in the past has all but disappeared, being replaced by an electronic process.More
Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service