Center for Economic & Fiscal Policy

 

• 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 transparency, regulatory reform, and improved effectiveness to the tens of billions of dollars spent by the State every year.

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Death by regulation | 11/28/2018

The passage of the Uniform Development Code in 1998 has brought New Castle Countys economy to a standstill.
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Delaware Free to Innovate and Grow | 11/28/2018

Delaware is ranked number one in economic freedom among the states in the 6th edition of the Fraser Institute’s Economic Freedom of North America. Why is this important?
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Curbside Recycling: Government Command and Control vs. Free Market Solutions | 11/28/2018

The Caesar Rodney Institute’s analysis of the Universal Recycling bill, SB234 indicates tonnage diverted for the added recycled material will have a potential value of $0.8 million/yr.  Costs to Delaware residents will be $28.6 million/yr. So, each $1 of benefit will cost Delawa...

Job sources | 11/28/2018

The future of Delawares economy lies primarily with its current business base.
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Delaware Medicaid out of control? | 11/28/2018

State expenditures on Medicaid are the fastest growing component of the General Fund.
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Personal Unemployment Accounts | 11/28/2018

Less than half of Delawareans receive unemployment insurance benefits when they lose their job. The claims process is time consuming and demeaning for many. Errors in payment and outright fraud waste millions. There is a better way. Personal Unemployment Accounts (UA), run like a...

The BRAC Effect | 11/28/2018

The national base realignment and closure program (BRAC) is transforming the Aberdeen Proving Ground into a major center for high tech research and development. Employment at Aberdeen will hit about 22,000 by late 2011. The bulk of these employees will be civilians in occupations such as computer sc...

The BRAC effect | 11/28/2018

Will the tremendous expansion at the Aberdeen Proving Grounds impact Delawares economy?
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The futility of raising taxes | 11/28/2018

Delaware state tax revenue has consistently hovered around 5.5% of gross state output. The bottom line is that citizens and businesses are creative and find ways to limit the total government takes out of their pockets.
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Projected employment growth rates | 11/28/2018

Given two very different decades of performance, how do we expect employment in Delaware to perform in the coming years?
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