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.
# # #
 

"Sometimes called Delaware's ‘hidden sales tax,’ the tax is levied on the seller of goods and services in the state, rather than the consumer."--Jonathan Starkey, former News Journal reporter and current Chief of Staff to Governor Carney writing about Delaware’...

Read More
PDF Doc

  "A dependence on the people is no doubt the primary control on the government." -James Madison (Fourth President of the United States)     Representative Eric Morrison, D-Newark, introduced a couple of bills (HB 291 & HB 292) to fix some &q...

Read More

  "Responsibly managing our state budget remains a priority." - Governor John Carney Budget Proposal Introductory Chart January 2024     The Caesar Rodney Institute's review of the Governor's budget proposal last year revealed that he f...

Read More

"NOW, THEREFORE, I, JOHN C. CARNEY, pursuant to Title 20, Chapter 31 of the Delaware Code, do hereby declare a State of Emergency in Delaware. This State of Emergency will be effective as of Friday, March 13, 2020, at 8:00 a.m. E.S.T., and shall continue until terminated as provided under sta...

Read More

Our previous analyses discuss Delaware's inbound migration of retirees from our regional neighbors (PA, NJ & MD) and outbound migration to the more prosperous Southeast (FL, TX & NC). This final analysis in the "Migration Series" focuses on outbound migration to the West Coas...

Read More

Some Delawareans could be retiring or moving to warmer climes; could they also be relocating for other reasons, like better economic opportunities? According to the most recent available data from the US Census Bureau, 31.5% of the outbound migration from Delaware is moving to these...

Read More

Last year, CRI published a migration analysis showing Delaware's inbound and outbound migration trends over a decade. Focusing on inbound migration, our May 2022 analysis implied that only retirees were moving to Delaware. But let's test this insight and look at other "key...

Read More

The Delaware General Assembly passed a $5.6 billion budget for fiscal year 2024. For Delaware's approximately 380,000 households, that is the equivalent of $14,736 per household. That is A LOT of money.   Randall Chase, a widely known veteran reporter in Dover, writes this is &...

Read More

  "All Government employees should realize that the process of collective bargaining, as usually understood, cannot be transplanted into the public service.    It has its distinct and insurmountable limitations when applied to public personnel management. ...

Read More

In the last 15 months, Delaware's inflation-adjusted economy contracted a recessionary amount of 14.2%. Meanwhile, COVID-19 Relief Funds have given the State a record level of cash in the bank ($963.5 million).   What might the response from the Delaware General Assembly b...

Read More