A Better Delaware opposes the State’s spend-then-tax structure. Higher taxes hurt Delaware residents and businesses, and only contribute to the State’s ever-expanding spending habits. Increased government spending has not improved critical areas such as education and health care, and is not the answer to helping Delaware communities.
ABD opposes
This Act creates the following new tax brackets: at $125,000, with a rate of 7.10%, at $250,000, with a rate of 7.85%, and at $500,000, with a rate of 8.6%.