Amid Budget Gridlock, Delaware House Panel Approves Proposed Income Tax Increase
A House committee has voted overwhelmingly to send a bill raising income taxes on Delawareans to the full House for a vote. The legislation considered by the committee on Wednesday raises income tax rates across the board, eliminates itemized deductions while increasing the standard deduction, and creates a new tax bracket for income above $150,000.
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DOVER, Del. -- A House committee has voted overwhelmingly to send a bill raising income taxes on Delawareans to the full House for a vote. The legislation considered by the committee on Wednesday raises income tax rates across the board, eliminates itemized deductions while increasing the standard deduction, and creates a new tax bracket for income above $150,000.
