Center for Economic & Fiscal Policy


Center for Economic & Fiscal Policy

 
The Center's mission is critically important to Delaware because state policies continue to be an unfortunate catalyst for the clear decline of Delaware’s economy for far too long. For instance…
 
  • Over the past 20 years, Delaware’s per capita income has gone from the highest in the nation to below the national average.
 
  • According to the Delaware Department of Labor, employment is projected to grow at only 0.5% over the next decade, thereby trailing most of the nation.
 
  • Since 2009, Delaware has had five recessions compared to one in the rest of the country.
 
  • Including the variable Gross Receipts Tax, small business owners in Delaware often pay the highest personal income tax rates in America. 
 
In partnership with other like-minded Delaware organizations, the primary goals of this Center are to develop bi-partisan strategies and alternative policy options that will bring transparencyregulatory reform, and improved effectiveness to the tens of billions of dollars spent by the State every year.
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Fiskers projected sales dont coincide with reality.
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Delaware AFSCME is living large during the recession
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The return to the pre-recession peak level of jobs in Delaware will be a slow process.
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Is a $2.4 million grant to CIGNA an appropriate use of state funds?
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Thanks to no sales tax and low property taxes, Delaware has a competitive business tax climate.
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Over time increases in Delawares state and local government tax burden reduces the growth of total employment in the First State.
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Regardless of what happens in coming months in the national economy, Delaware will avoid a double dip.
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The latest Fraser Institute ranking places Delaware number one among the states in economic freedom.
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The Daliy Beast reports that Delaware is over the top on state government debt.
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For a number of years the state of Delaware has using capital funds to cover operating costs.
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