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Some Delaware lawmakers want to raise taxes for those earning $125K or more. What to know. Sarah Gamard, Delaware News Journal
Headlines January 14, 2021
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Progressive Democratic lawmakers want to raise taxes for people making six figures, hailing it as a step toward a fairer, more stable tax structure despite Gov. John Carney s resistance to tax increases.
House Bill 64 by Rep. John Kowalko, D-Newark South, would raise personal income taxes for people who make more than $125,000 a year.
Tax brackets in Delaware currently stop after $60,000, and anyone making over that amount is taxed at 6.6% of their income regardless of whether they make just above $60,000 or $500,000.