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Analysis of Changes in the Delaware Tax Code 1960 1974

Analysis of Changes in the Delaware Tax Code 1960 1974

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Published by JanetLindenmuth
AN ANALYSIS OF CHANGES IN THE DELAWARE TAX CODE, 1960-1974 by The Delaware Econometric Model Group, September, 1974. This report was prepared by the Econometric Model Group under contract with the Delaware State Planning Office, and was financed in part through a Comprehensive planning grant from the Department of Housing and Urban Development, under the provisions of Section 701 of the Housing Act of 1954, as amended.
AN ANALYSIS OF CHANGES IN THE DELAWARE TAX CODE, 1960-1974 by The Delaware Econometric Model Group, September, 1974. This report was prepared by the Econometric Model Group under contract with the Delaware State Planning Office, and was financed in part through a Comprehensive planning grant from the Department of Housing and Urban Development, under the provisions of Section 701 of the Housing Act of 1954, as amended.

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Published by: JanetLindenmuth on Feb 16, 2010
Copyright:Public Domain

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05/13/2010

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AN
ANALYSIS
OF
CHANGES
IN
THE
DELAWARE
TAXCODE
1980
-1974
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*Directors:
AN
ANALYSIS
OF
CHANGES
IN
THE
DELAWARE
TAX
CODE,
1960-1974byTheDelaware
Econometric
ModelGroup*
September,
1974
Inquiries
should
be
directedto:
Dr.JohnH.LandonDr.
William
R.Latham
III
Dr.
KennethA.LewisManager:
Gerald
F.
HartGerald
F.
Hart,
ManagerDelaware
Econometric
Model
Purnell
HallUniversity
of
DelawareNewark,De1awnre19711
l
f
j
This
report
was
prepared
by
the
Econometric
ModelGroup
under
contract
withthe
Delaware
State
Planning
Office,
and
was
financedin
part
through
a
Com-
prehensiveplanning
grant
from
the
Depart-
ment
of
Housing
andUrban
Development,
under
the
provisions
ofSection
701
of
the
HousingAct
of
1954,
as
amended.
 
l
ACKNOWLEDGMENTS
This
project
has
profitedgreatly
from
the
workand
coopera
tion
of
anumber
of
people.
Most
of
the
work
of
compiling
this
report
wasdone
under
my
direction
byDavid
Hutchinson
through
the
summermonths
of
1974.
Dave
spent
countless
hours
in
1a\;7
libraries
and
interviewing
individuals
in
and
out
of
state
govern
ment
to
obtain
the
most
accuratepossible
picture
of
state
taxes
and
their
changes
through
the
past
fifteen
years.
From
this
data
he
preparedtheadjustments
to
the
datarequired
to
provide
asmoothed
series
for
our
use
in
model
forecasting.
His
independ
ence,
training,intelligence,
hard
workand
ability
to
get
along
with
people
areresponsiblefor
thesuccess
of
this
project.
Through
the
monthsDave
labored
on
this
project
he
had
the
excellent
cooperation
of
anumber
of
state
officials.
Hisham
Khalil,in
particular,
gave
freely
of
his
time
and
vast
expertisein
dealing
with
statistics
and
state
revenue
matters.
BruceHudson
of
the
State
Planning
Office
cooperated
fully
in
providing
valuabledata
and
insights.
Jack
M a l a ~ k y ,
Secretary
of
Finance
for
the
Stateof
Delaware
used
his
influence
toobtaindata
that
wouldhavebeen
otherwiseimpossible
togather.
State
Representa
tive
John
Billingsley
was
kind
enough
to
review
a
rJugh
draft
of
the
manuscript
and
provided
many
helpful
suggestions.
Among
the
non-government
persons
who
provided
valuable
insights
and
information
concerning
state
finances
were
Bruce
Ralston
of
the
Delaware
State
Chamber
of
Commerceand
Bob
Davis
of
the
Diamond
State
Telephone
Company.
Gerald
Hart,the
manager
of
the
DelawareModel,
took
on
the
responsibility
for
editing
the
final
manuscript
and
re-doing
the
chartsinto
more
readable
form.
Lew
Silver,
the
Delaware
Model's
computer
analyst,
gave
generously
of
his
time
and
effort
andwas
very
instrumental
in
the
overall
success
of
this
manuscript.
The
responsibility
for
any
remaining
errors
of
ommission
or
commission
is
mine
alone.
[lr.
JohnH.Landon
Department
of
Economics
University
of
Delaware
ii

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