Posts Tagged ‘Representative Mike Ramone’
Del. Realty Transfer Tax Could Be Reduced Under New Legislation
Delaware’s realty transfer tax would be reduced by 25-percent under a bill with bipartisan sponsorship in the General Assembly. (HB 358)The transfer tax, which is typically split between the buyer and seller of a home, was increased five years ago during difficult economic times that faced the state.The measure has 15 Republican sponsors and 13…
Read MoreDel. GOP Lawmakers Will Again Press For Tax Relief Bills
Sponsors of bills to cut taxes for Delawareans will try again to get surplus state revenues returned to taxpayers. Republican lawmakers have introduced a total of five bills that look to reduce Delawareans’ tax burden. Representative Rich Collins, R-Millsboro is sponsoring a measure (House Bill 191) that would cut the state’s personal income tax rates…
Read MoreDel. GOP Lawmakers Propose Tax Relief Measures
Some Delaware lawmakers are proposing that the state share a portion of its growing revenues with Delaware taxpayers. The Delaware Economic and Financial Advisory Council recently calculated that state revenues have grown by $429.3- million in the last two months, and projections show revenue growth is expected to stay strong. Representative Rich Collins, R-Millsboro has…
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