Corporations in Delaware

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  • Johnny P
    Senior Member
    • Aug 2009
    • 6260
    #1

    Corporations in Delaware

    Slo Joe bragging in his news conference that his home state of Delaware has more corporations than all the other states combined. Well, yes. Delaware's tax laws favor the big corporations, and they locate there for that very reason. Will his promise to make the big corporations pay their fair share include Delaware?
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    • Vern Humphrey
      Administrator - OFC
      • Aug 2009
      • 15875
      #2
      Originally posted by Johnny P
      Slo Joe bragging in his news conference that his home state of Delaware has more corporations than all the other states combined. Well, yes. Delaware's tax laws favor the big corporations, and they locate there for that very reason. Will his promise to make the big corporations pay their fair share include Delaware?
      I'll point out the corporations DO pay their share -- they create jobs and produce products the rest of us need,

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        • Johnny P
          Senior Member
          • Aug 2009
          • 6260
          #3
          In case you missed it, one of Biden's big campaign promises was to make the corporations pay their fair share. Then he brags about Delaware having more corporations than all the other states combined. The corporations don't locate in Delaware because they feel a real need to create jobs and produce products that the rest of us need. It's because of the tax breaks.

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            • PaFrank
              Senior Member
              • Aug 2009
              • 414
              #4
              Delaware has been a favorite of many fortune 500 companies as a domicile to incorporate LONG before Puppet Biden's time.. There are office here not much bigger than a closet that corps keep here for tax reasons.
              The states corporate tax rate is one of the biggest reasons that its so cheap to live here. You would think that he would learn from that, but NOoooooo!
              He who beats his sword into a plowshare, will soon be plowing for somebody else!

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                • Vern Humphrey
                  Administrator - OFC
                  • Aug 2009
                  • 15875
                  #5
                  Originally posted by Johnny P
                  In case you missed it, one of Biden's big campaign promises was to make the corporations pay their fair share. Then he brags about Delaware having more corporations than all the other states combined. The corporations don't locate in Delaware because they feel a real need to create jobs and produce products that the rest of us need. It's because of the tax breaks.
                  Of course. But they DO create jobs. And they DO pass taxes on to the consumers.

                  When corporation create jobs, they have paid their fair share -- If Banana Joe thinks they haven't, let HIM create the jobs.

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                    • JB White
                      Senior Member
                      • Aug 2009
                      • 13371
                      #6
                      Millionaires coaching the masses to hate other millionaires.

                      Pigs on ladders with paint brushes
                      2016 Chicago Cubs. MLB Champions!


                      **Never quite as old as the other old farts**

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                        • Major Tom
                          Very Senior Member - OFC
                          • Aug 2009
                          • 6181
                          #7
                          If you believe anything hair plug Joe says, you deserve to be deceived!

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