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The Corporate State of Delaware

6 Comments

The tiny state has long been a hotbed for corporations. Can mounting public pressure push the state to change its centuries-old ways?

Bookmark this from The American Prospect.  It catalogs all of Delaware’s corporate sins, and  exposes some of the Delaware Way to a reality check.

 

6 Comments

  1. RE Vanella
    October 6, 2021,

    Super producer Karl has a new nickname.

  2. DJT Toadstool
    October 6, 2021,

    Loved watching the First State’s role as a bank haven portrayed on the most recent episodes of Showtime’s “Billions”.

    • Kevin Ohlandt
      October 6, 2021,

      That was some awesome stuff.

  3. Arthur
    October 6, 2021,

    Whatever happened to that lawsuit re: the state’s esteal (escheat) laws? that was supposed to really hurt the states income also

    • El Somnambulo
      October 6, 2021,

      The General Assembly passed laws to address the escheat situation. We probably took a bit of a hit.

  4. C
    October 8, 2021,

    You do realize that corporate franchise taxes (not paid by everyday Delawareans) make up ~40% of of Delaware yearly tax revenue?

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