This article was originally published at delawareonline.com on May 29 in The News Journal on May 30 The recent DEFAC Advisory Council on Revenue recommends an increase in the state's Gross Receipts Tax rate. This is a gross mistake for three reasons. First, if you tax s...
Read MoreThe recovery from the 2008-2009 recession has been the longest and weakest since WWII. Typically an upswing in domestic real investment initiates a recovery. The two main components of real investment are residential housing and nonresidential (business) investment. The bursting of the housing bubbl...
Read MoreThis article was originally published on October 28, 2014 on the website InsideSources.com. This article is reprinted in its entirely with permission. Economic research on the impact of energy prices on economic growth has focused largely on the volatility of the price of oil, which has tri...
Read MoreThis article originally appeared in The News Journal as a Delaware Voice opinion editorial on November 18, 2014. The link is: http://delonline.us/1p1urFA New Castle County Executive Tom Gordon and Wilmington Mayor Dennis Williams are to be congratulated for allowing consultants to produce ...
Read MoreCaesar Rodneys Transparent Delaware website has been updated to include state employee payroll data through 2013. An initial pass at the latest data continues to raise the question as to why the State of Delaware government doe...
Read MoreThis article originally appeared on delawareonline.com February 3, 2015, and in The News Journal February 4, 2015. View the original here Survey after survey shows high levels of disillusion among voters regarding their elected officials. The sense is that the political elite display a grow...
Read MoreDelaware manufacturing was hit hard by the "Great Recession". Between 2007 and 2012 total manufacturing jobs dropped almost 25% and the number of manufacturing establishments in the state fell 15%. Manufacturings annual payroll in Delaware shrank by over $366 million, a drop of 21%. The to...
Read MoreThis article was originally published Sunday, May 31 in the Delaware State News and on the website. After years of doing business as usual and putting tough spending cut decisions to the side, the General Assembly is now facing the harsh reality that yes, we do need to make spending cuts. The rou...
Read MoreThis article first appeared at delawareonline.com on March 27, 2015, and in the News Journal on March 28, 2015. Normally, and from a professional point of view, I do not spend my time replying to politicians’ op-eds. They usually are full of ideological and partisan talking points without fac...
Read MoreThe Tax Foundation has recently released its 2015 State Business Tax Climate Index. As usual the "tax you until you leave" states of New Jersey, New York and California fall at the bottom of the rankings. Besides the "energy belt" states, it is no surprise that Florida, New H...
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