Mike Smith

State Representative Mike Smith, a former aide to Governor Castle, dives into the critical debate over Delaware's potential decoupling from the federal tax code. He explains how federal depreciation benefits could stimulate the economy, yet Delaware risks losing corporations to more favorable states like Nevada and Texas. They explore the balance between short-term financial gains and potential long-term economic decline, emphasizing the importance of robust corporate tax revenues for state services. Mike urges listeners to actively oppose the decoupling bill before it's too late.