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I mean you basically cherry-picked half a sentence and ignored the rest of the argument for morality and taxes having a connection. Also, please don’t confuse “
by GcVmvNhBsU 7y ago
I mean you basically cherry-picked half a sentence and ignored the rest of the argument for morality and taxes having a connection. Also, please don’t confuse “less taxes = immoral” with the actual position of taxes which should be paid, but because of loopholes are not. For example, if we had Herman Cain’s 9-9-9 plan and every corporation, regardless of size, paid its 9% (which is less than the existing 21%) in full, I think few people would claim its immoral.
Looks like your data is paywalled. Is it the same that’s available here? https://hifld-geoplatform.opendata.arcgis.com/datasets/fortune-500-corporate-headquarters/data https://hifld-geoplatform.opendata.arcgis.com/datasets/fortu...
Because if so, I think it’s a little bit more complicated. For example, Alphabet’s corporate headquarters is located in Mountain View, but it looks like it is incorporated in Delaware [1].
1: https://abc.xyz/investor/static/pdf/alphabet-certificate-of-Incorporation.pdf https://abc.xyz/investor/static/pdf/alphabet-certificate-of-...
- listenallyall 7y agoThey certainly didn't choose Delaware for tax avoidance. The rate is 8.7%. Let's bow to the high morals of Sergei & Larry. https://www.delawarebusinessincorporators.com/pages/delaware-corporate-income-tax https://www.delawarebusinessincorporators.com/pages/delaware...
- GcVmvNhBsU 7y agoFor posterity: >Second, Delaware’s tax system gives businesses several ways to legally minimize their tax bills. Companies that are incorporated in Delaware but do business in other states don’t have to pay state corporate income tax to Delaware. Some groups accuse Delaware of being a tax haven because the “Delaware loophole” allows companies to declare certain types of revenue in Delaware rather than in the state where the business actually occurred. Delaware also doesn’t tax profits on royalty payments, trademarks, or copyrights. https://www.mentalfloss.com/article/76951/why-are-so-many-us-companies-incorporated-delaware https://www.mentalfloss.com/article/76951/why-are-so-many-us...