Delaware lawmakers are looking at giving a boost to some of the state’s low-income earners.
They are considering a measure that would allow them to choose between a non-refundable credit of up to 20 percent of the value of the federal Earned Income Tax Credit and a non-refundable credit of 4.5 percent against the EITC.
Meanwhile, WBOC reports that for retirees lawmakers are looking at raising the age for retirees to claim an income exclusion of up to $12,500 on pensions.
The change would be part of their personal income taxes over a five year period.
