Delaware Considers Raising Alcohol Tax June 24, 2008
News Summary
Facing a $217-million budget shortfall, Delaware lawmakers are considering an increase in the state's alcohol tax among a series of proposed remedies for the state's fiscal crisis, Forbes reported June 19.
Other tax increases on the table include a levy on hospital revenues; the state also is considering more corporate fees and taking a greater share of revenues from slot machines at Delaware casinos.
A mix of budget cuts and tax and fee increases is being proposed to close the budget gap.
COMMENTS ON THIS ARTICLE: