well it sounded good... I honestly think the people of Delaware are too stupid to vote him out no matter what. I watched the state employees on tv last night talking about how they cannot afford to have their wages cut but if you ask them who they voted for by a 2 to 1 margin they will tell you Markell.
You dummies deserve everything you get. Thankfully for me I do not smoke or drink but don't think you are safe if you do not partake in the sinful activities I mentioned. All income tax is going up as well as higher taxes on business. There is a plethora of democrat policies coming down the pipe that are going to affect everyone, including your child's school teacher. Do you think a teacher that makes even less money is going to give a damn about little Johnny's education?
Below is an article from WBOC that outlines all of Markell's planned tax hikes and budget cutting measures.
DOVER, Del. (AP)- Delaware Gov. Jack Markell's proposed budget for the upcoming fiscal year includes higher taxes and an across-the-board pay cut for state employees.
The governor said Thursday that he also wants to create a sports betting lottery and add up to three new slot machine casinos in Delaware.
While avoiding layoffs, Markell is calling for an 8 percent pay cut for state employees, which administration officials say would save $92 million. Overall, the administration wants lawmakers to approve about $330 million in cuts.
Markell's proposed tax increases total about $166 million. They include raising the cigarette tax by 45 cents, the alcohol tax by 50 percent, and the top personal income tax rate by 1 percent. Increases in the corporate franchise, gross receipts and public utility taxes also are being proposed.
Some highlights of the fiscal 2010 budget proposal released Thursday by Delaware Gov. Jack Markell:
NEW COST SAVINGS
- $130.7 million from replacing state Medicaid expenditures with
enhanced federal Medicaid funds from the federal stimulus package.
- $91.7 million from an 8 percent pay cut for state employees.
- $11.2 million from using federal stimulus money to pay for
reading and math specialists in public schools
- $10.3 million from suspending salary step increases.
- $9 million from limiting property tax rebates for senior
citizens to those under a certain income threshold.
- $7.7 million from cutting professional development days for
teachers from six days to three days, using the other three days as
unpaid time off.
- $7.5 million from reducing spending for contractors,
consultants and employment services by 10 percent.
- $3.7 million from eliminating double state share health
insurance benefits to couples who are state employees.
- $3.5 million from eliminating vacant positions and reducing
the use of casual and seasonal employees.
NEW REVENUES
- $97.4 million from increasing the maximum corporate franchise
tax from $165,000 to $185,000, and increasing the formula
multiplier for other franchise tax payers from $250 per $1 million
of par stock value to $350 per $1 million.
- $40 million from increasing the state share of slot machine
revenue by 8 percentage points.
- $15 million from reauthorizing a sports betting lottery.
- $30 million from increasing the personal income tax rate on
income above $60,000 from 5.95 percent to 6.95 percent.
- $16 million from increasing the state cigarette tax from $1.15
to $1.60 per pack.
- $7 million from increasing the gross receipts tax on
businesses.
- $3.5 million from increasing the tax on alcoholic beverages by
50 percent.
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