Small Business Reading Room


Friday, October 21, 2005

High workers compensation rates keep Delaware mired mid-pack

Delaware is ranked 24th in the nation on the Small Business and Entrepreneurship Council's small business survival index, 2005 (pdf).

The Delaware Legislature is taking a stab at reforming the laws governing Workers Comp., as it is known. The Insurance Commissioner is to begin hearings on this matter next week (not that you would know it from his website). It remains to be seen if the new laws will make any difference.

Low property taxes have helped, but a relatively high corporate income tax for companies doing business in Delaware keep our State mired at the 24th spot.
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Delaware Intercorp, Inc.
113 Barksdale Professional center
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