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Sunday, December 22, 2024

Michael Carroll News

Medium irs

IRS audit rate for Sussex County residents is highest in Delaware

By Michael Carroll | Jan 17, 2020

Sussex County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in Delaware, according to an analysis by the website 24/7 Wall St.

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Purchasing power of a dollar in Delaware equals $1, study finds

By Michael Carroll | Jan 10, 2020

The purchasing power of a dollar in Delaware, based on the cost of living and other factors in the state, is $1, according to a state-by-state ranking of the dollar’s value by the website 24/7 Wall St.

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Delaware workers now making higher minimum wage

By Michael Carroll | Jan 4, 2020

Hundreds of new state laws took effect across the nation this week, including minimum wage increases, new internet privacy rules, gun-related regulations, marijuana legalization and new tests on whether workers can be classified as independent contractors.

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Delaware depends on property taxes for 18.1% of its state, local funds

By Michael Carroll | Dec 27, 2019

Delaware relies on property taxes for 18.1 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.

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No counties in Delaware are now 2nd Amendment sanctuaries

By Michael Carroll | Dec 20, 2019

No counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website Gunrightswatch.com and media reports.

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Kent ranks the poorest of Delaware counties

By Michael Carroll | Dec 19, 2019

Kent County was ranked the most impoverished county in Delaware in a 24/7 Wall St. analysis of the least affluent regions in all 50 states.

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Delaware places tax of 26 cents per gallon on beer

By Michael Carroll | Dec 13, 2019

State taxation on beer in Delaware amounts to 26 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.

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3.9% of Delaware bridges rated structurally deficient in study

By Michael Carroll | Dec 6, 2019

A total of 34 out of the 863 bridges in Delaware – or 3.9 percent – were designated in poor shape in an analysis examining bridge conditions in the 50 states, Puerto Rico and Washington, D.C.

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Delaware collects $1.63 per gallon in wine taxes

By Michael Carroll | Nov 27, 2019

The wine excise tax in Delaware amounts to $1.63 per gallon, according to a Tax Foundation study based on January 2019 data.

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North Star ranks the best suburb in Delaware, study finds

By Michael Carroll | Nov 22, 2019

Based on a ranking consisting of 10 measurements, including income levels, home ownership and commute times, North Star is the best Delaware suburb in which to live, according to a 24/7 Wall St. analysis published this month.

Medium taxation

Delaware ranked ‘tax-friendly’ in new Kiplinger tax guide

By Michael Carroll | Oct 18, 2019

The overall tax system in Delaware was dubbed “tax-friendly” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.

Medium budget

Delaware receives ‘F’ grade on national ranking of states’ fiscal health

By Michael Carroll | Oct 10, 2019

Delaware would need $9.1 billion to pay all of its bills, including public employers’ pension benefits, according to a new ranking of the states’ fiscal health by Truth in Accounting (TIA).