An analysis of the governors proposed cut in funding for the University of Delaware for FY2011.
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
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
The mantra of President Obama is to raise taxes on the rich rather than cut the size of government. In Delaware, the governor, supported by the legislature, has already done this. Effective January 1, 2010 the top marginal tax rate applied to personal income of $60,000 or more was raised from almost...Read More
Across a variety of measures, Delawares labor market is hurting. First, the states official unemployment rate is 7.2%, double the historic average of 3.5%. This means 32,000 persons have actively looked for a job in the past four weeks without success. Five years ago this group totaled 15,000 Delawa...Read More