Delaware Liberal

Beginning of the End of Delaware’s Corporate Hegemony?

The Economist has an article about how North Dakota is trying to woo corporations away from Delaware with their new shareholder-friendly incorporation laws. There are some interesting stats in the article, specifically the one that says that each household is subsidized $3000/year by the tax gain on incorporation services. If you think the NCC tax hike is unpopular, wait for the $3000 increase if companies move en masse to N.D.

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