An analysis on the upward trend of personal income and estate taxation.
Snapshot of Delawares economy as of March 2010
An analysis of the method for funding beach replenishment and a viable alternative.
Research by economist W. Kurt Hauser demonstrates that since World War II U.S. government tax revenues have averaged just under 19% of GDP. This proportion has held steady despite 30 major changes in the tax code across all sources of revenue (e.g., personal income, corporate, investment tax credits...Read More
The leading edge of the baby boomers hits age 65 this year and will contribute to a surge in Delawares senior population over the coming decade. The Delaware Population Consortium projects a 10% increase in the states population from 2010 to 2020 while the senior population jumps 41%. This surge in ...Read More
The state will award $2.4 million and local officials will provide a ten year property tax break for Johnson Controls to build a second manufacturing and distribution facility in Middletown, Delaware. Is this simply corporate welfare? Well, yes and no. On one hand, giving handouts to Johnso...Read More
Are union rates over represented in determining Delaware’s prevailing wage rates? Is there alternative Federal data that would more accurately represent construction-market wage rates in Delaware? Would this save the Delaware Department of Labor (DDoL) the expense of compiling and generating a...Read More
In March of this year, Caesar Rodney Institute’s Center for Economic Policy and Analysis released a technical study of the methodology behind Delaware’s prevailing wage system. With regard to the prevailing wage (PW) the study documented that: a) the methodology used by the Department of...Read More
A recent report by the Institute for Truth in Accounting confirms what Caesar Rodney Institute has been saying about the seriousness of Delaware’s state government debt. The state has accumulated bills of $8.6 billion. How did this run up in debt happen? The Institute singles out the us...Read More
The April, 2012 labor market data for Delaware has just been released and the numbers are not encouraging. Compared to April of 2008, four years ago, total employment in Delaware is down by 20,000. Construction jobs are down 40%, manufacturing off 22%, and finance jobs down 6%. Government, of course...Read More