taxes

Local News
9:54 am
Thu June 12, 2014

MD Comptroller Expects "Stunning" Budget Short Fall

Maryland Comptroller Peter Franchot
Credit official photo

Despite the nation gaining back all of the jobs it lost since the beginning of the Great Recession, Maryland Comptroller Peter Franchot says there could a major budget shortfall by September. The Comptroller stopped by the studios of Delmarva Public Radio after attending the meeting of the Maryland Municipal League in Ocean City this week to explain his concerns about the future financial health of the state. 

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Local News
9:11 am
Thu June 12, 2014

Crisfield Candidates Debate Taxes

Crisfield Dock
Credit crisfield website

Taxes took center stage at a forum for candidates in Crisfield’s municipal elections.

Around 70 people showed up at the meeting where most candidates said they opposed the concept of a split tax rate that would provide a lower rate for owner-occupied houses.

The Salisbury Daily Times reports that the candidates for Mayor and city council said they believed the 17 cent property tax increase was far more equitable.

But mayoral candidate Irving Saltz and council candidate Jordan Bo Joyner said they opposed that recent tax hike.

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Local News
8:21 am
Wed June 11, 2014

Delaware House Approves Restrictions on Local Taxing Powers

Credit Don Rush

DOVER, Del. (AP) - The state House has approved a bill clarifying the ability of Delaware municipalities to raise taxes.

The bill approved on a 37-to-1 vote Tuesday makes clear that a city cannot impose any tax not expressly authorized by the General Assembly in approving or amending the local government's charter.

The bill was prompted by issues in Dewey Beach, which was the target of a lawsuit last year claiming that its business license fees are so excessive that they amount to unauthorized taxes. 

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Local News
8:21 am
Tue June 10, 2014

Vote Set for Measure Restricting Taxing Power of Delaware Cities

Credit Don Rush

DOVER, Del. (AP) - The state House is set to vote on bill clarifying the ability of Delaware municipalities to raise taxes.

The bill to be voted on Tuesday makes clear that a municipality cannot impose a tax unless that tax is expressly authorized by the General Assembly in approving the local government's charter.

The bill was prompted by issues in Dewey Beach, which was the target of a lawsuit last year claiming that its business license fees exceed the cost of administering the business licenses, and thus amounted to unauthorized taxes. 

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Local News
11:36 am
Tue June 3, 2014

Dover Political Leaders Spar Over Proposed Tax Hike

Credit Don Rush

DOVER, Del. (AP) - Two officials in Dover are sparring with the city manager over a plan to impose the largest tax hike in years while also bonuses and pay raises to city officials.

The Wilmington News Journal reports Councilman William Hare and Councilwoman Beverly Williams argued with City Manager Scott Koenig during a budget hearing Monday night over the proposed tax increase. The questioning became so heated that the council ended its meeting early.

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Local News
11:08 am
Fri May 23, 2014

Allowing Delaware School Boards to Raise Taxes With Referendum

State Representative Daryl Scott (D-Dover)
Credit legis.delaware.gov

There’s legislation in the Delaware General Assembly that could allow school boards to raise taxes incrementally without first going to the voters.

The House Education Committee Chair Darryl Scott plans to introduce the measure next week.

Scott told the Wilmington News Journal that he believes this would give the school boards a need tool to manage the district’s money.

The legislation would still force school boards to go to the voters for any tax increase over 3% and for capital projects such as a new school.

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Local News
8:01 am
Tue May 20, 2014

Boarded Up Milford School Draws Concern from Residents

Credit Don Rush

Local residents are unhappy with the state of affairs at the old Milford Middle School a month after a referendum failed to pass in the town leaving the fate of the facility uncertain.

The historic structure was built in 1929 but is now boarded up with large pieces of plywood covering the windows.

Local residents told WMDT that they fear the impact on the local property values with such an eyesore.

In order to renovate the facility local residents would have to get a tax increase which would require a referendum.

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Local News
9:14 am
Tue April 1, 2014

Delaware Legislature Mulls Markell Tax Hike Plans

Governor Jack Markell (D-De)
Credit official photo

DOVER, Del. (AP) - A package of tax increases upon which Gov. Jack Markell is relying to help pay for his spending plan for next fiscal year is up for a vote in the state House.

The bill to be voted on Tuesday increases the annual tax on limited liability companies and business partnerships from $250 to $300. It also increases the minimum annual corporation franchise tax by $100.  

The bill requires three-fifths votes in the House and Senate. House Democrats postponed a vote last week, when at least one Democrat was absent.

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Local News
7:45 am
Wed March 26, 2014

Delaware House of Representatives Delays Vote on Tax Hikes

Credit Don Rush

DOVER, Del. (AP) - The state House has delayed a vote on a package of tax increases upon which Gov. Jack Markell is relying to help pay for his spending plan for the upcoming fiscal year.

The bill increases the annual tax on limited liability companies and business partnerships from $250 to $300. It also increases the minimum annual corporation franchise tax by $100.

With the bill requiring three-fifths vote in the House and Senate, House Democrats postponed a scheduled vote Tuesday, when at least one Democratic lawmaker was absent.

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Local News
9:17 am
Tue March 25, 2014

Delaware Legislature Mulls Governor's Tax Plans

Credit Don Rush

DOVER, Del. (AP) - The state House is set to vote on a package of tax increases upon which Gov. Jack Markell is relying to help pay for his spending plan for the upcoming fiscal year.

A bill to be voted on Tuesday increases the annual tax on limited liability companies and business partnerships from $250 to $300. It also increases the minimum annual corporation franchise tax by $100. 

The legislation was sent to the House for a floor vote after being released by the House Administration Committee last week.

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Local News
8:26 am
Wed March 19, 2014

Delaware Legislative Commitee Considers Tax Hike

Governor Jack Markell
Credit official photo

DOVER, Del. (AP) - A state House committee is set to consider proposed tax increases that Gov. Jack Markell is counting on to help pay for his spending plan for the upcoming fiscal year.

A bill to be discussed in the House Administration Committee on Wednesday would increase the annual tax on limited liability companies and business partnerships from $250 to $300. The legislation also would increase the minimum annual corporation franchise tax by $100.

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Local News
8:43 am
Fri January 31, 2014

Taxes and Fees In Delaware Budget Proposal

Governor Jack Markell
Credit governor.delawre.gov

DOVER, Del. (AP) - Gov. Jack Markell is proposing a state operating budget for the fiscal year starting July 1 that is 3 percent higher than this year's budget and includes a pay raise for Delaware's state government workers.

The budget increase Markell proposed on Thursday is only slightly smaller than the 3.5 percent budget growth he proposed last year for the current budget.

Markell is asking lawmakers to approve a $3.83 billion operating budget for fiscal 2015.

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News
9:23 am
Thu March 21, 2013

Delaware Tax Hikes Made Permanent

Governor Jack Markell (D-De)
Credit governor.delaware.gov

DOVER, Del. (AP) - The state House is poised to vote on Democratic Gov. Jack Markell's proposals to make several recession-era tax increases permanent.

The bills cleared a committee Wednesday and were scheduled for votes Thursday by the full House.

Two bills keep increases in corporate franchise and estate taxes, approved in 2009, from expiring after four years - as lawmakers had said they would.

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News
8:43 am
Fri January 25, 2013

DE Gov. Wants to Mke Temporary Tax Hikes Permanent


Governor Jack Markell wants to make the 2009 tax increases permanent…to shore up a $3.7 billion proposed budget that again does not include pay raises for state employees.


The tax increase for corporations and individuals are set to expire in July…and would help fill in the expected $56 million of expected budgetary red ink.


Still the Wilmington News Journal reports that the Delaware Democrat’s spending plan does reduce by a third the earlier personal income tax increase and cuts the gross receipts tax increase especially for manufacturers.

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News
8:33 am
Mon July 2, 2012

Middletown Set to Take Up Budget with No Tax Increases

The Middletown City Council is set to consider its $38.5 million budget tonight that would include pay hikes for staff but no increase in taxes or utility rates.

The spending plan calls for a 2.6 percent increase in overall spending including a 5 percent pay hike for police.

That’s on top of the 5 percent pay increase for the 29 member department in last year’s fiscal budget.

The civilian staff picked up a 1 percent pay increase after receiving a 2 percent hike last year.

News
8:46 am
Thu May 17, 2012

Tax Package Gets House Approval Ending Annpolis Special Session

 

ANNAPOLIS, Md. (AP) - The Maryland House of Delegates has approved a budget package in a special session.

The House voted 77-60 on Wednesday to raise income taxes on single filers who make more than $100,000 and joint filers who make $150,000 in taxable income a year.

The House voted 86-51 for a separate bill to split teacher pension costs over four years and raise taxes on tobacco other than cigarettes.

The House votes ends a special session that began on Monday.

Features
9:00 am
Tue March 20, 2012

Fewer Taxpayers Affected by Proposed Tax Hike in Maryland

 

      ANNAPOLIS, Md. (AP) - Far fewer taxpayers would be affected by an income tax increase under a House panel's plan then one approved by the state Senate.

     The House Ways and Means Committee on Monday voted to raise taxes on single filers who make more than $100,000. Their rate would go from 4.75 percent to 5 percent. Joint filers would have to earn more than $150,000 for their rate to go up that much.