Del. Legislation Would Create 3 New Tax Brackets

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Some Delaware lawmakers want to create three more personal income tax brackets for higher wage-earners, an action that would affect Delawareans whose taxable personal income exceeds $125,000. Representative John Kowalko, D- Newark South, said the bill intends to ensure a more fair and equitable progressive tax structure that’s sustainable and not overly burdensome to any…

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