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All the companies in California are actually Delaware companies, and the income inequality and quality-of-life disparity is a direct result of this kind of corr
by ryanwaggoner 9y ago
All the companies in California are actually Delaware companies, and the income inequality and quality-of-life disparity is a direct result of this kind of corruption.
From my understanding, being a Delaware company saves you $0 in taxes. All of those corporations are registered as foreign corps in CA and paying taxes just as if they were CA-based corporations. Taxes aren't why you do DE.