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>"Our government has likely forked over millions of our tax dollars (how much did Obamacare cost?) to private contractors in exchange for a site so utterly dysf
by incision 13y ago
>"Our government has likely forked over millions of our tax dollars (how much did Obamacare cost?) to private contractors in exchange for a site so utterly dysfunctional that it can’t even serve its purpose of collecting those very tax dollars!"
Oh wow, a "My tax dollars!" complaint in the middle of a "My tax dodge is inconvenient!" complaint with a little "Thanks, Obama!" thrown in for good measure.
- jliptzin 13y agoI wasn't aware this was a tax dodge. My attorney just told me Delaware is a good place to form an LLC because of favorable laws to Internet businesses. Considering I've been paying close to 45%+ in federal+state+city taxes I'd say this is a pretty poor dodge. Also, I am criticizing the $200 million spent on healthcare.gov, not Obamacare itself, or Obama.
- brudgers 13y agoYou forgot to mention that Obama runs the Executive Branch of the Federal Government, that the Legislative Branch creates tax laws and passed the enabling legislation for ObamaCare and that Delaware is a state and the author's payment has nothing to do with the Federal Government at all. What should one expect from a person so out of touch with the impact of health care access on the lives of ordinary Americans that they would carry on about how improved access is a social ill? The best I can say about the article is that rather than two piles. a great deal of ignorance and foolishness has been gathered in one place.
- batoure 13y ago>"Oh wow, a "My tax dollars!" complaint in the middle of a "My tax dodge is inconvenient!" complaint with a little "Thanks, Obama!" thrown in for good measure." Delawares taxes are competitive but not actually the lowest. The following is a succinct explanation from a 3 second Google search on the issue. "There are two major reasons for Delaware's dominance of the corporate incorporation business. One reason is the bi-partisan political consensus in Delaware to keep the Delaware corporation statute modern and up-to-date, and to rely on Delaware's corporate law specialists for advice in how to do this. As a result, law students at every law school in the United States study the Delaware corporation statute and the decisions of Delaware courts interpreting that law." "The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries. Corporate cases do not get stuck on dockets behind the multitude of non-corporate cases. Instead, Delaware corporations can expect their legal disputes to be addressed promptly and expertly by judges who specialize in corporate law." http://www.newsworks.org/index.php/local/brandywine-to-broad/18206-why-do-so-many-corporations-choose-to-incorporate-in-delaware http://www.newsworks.org/index.php/local/brandywine-to-broad...
- batoure 13y agoWhat is interesting is though the state has an incredibly fast evolving legal ecosystem, it has obviously not maintained the same technological policies.
- rayiner 13y agoTo add to that, the law favors corporations, officers, and directors over shareholders.
- tzs 13y agoA third major reason is fashion. People want to incorporate, and they look and see a bunch of major corporations are incorporated in Delaware even though they don't have any serious business connection with Delaware other than being incorporated there, and so they think it is a good idea for them to incorporate their small local business in far off Delaware just like the giant public companies do. (Or rather, usually do...Microsoft reincorporated back to Washington after a few years in Delaware).
- tptacek 13y agoA fourth reason is that incorporation in your home state can be complicated; for instance, in NY, it (IIRC) involves running newspaper ads. If you're not going to incorporate in your home state, Delaware is a sane default choice. A fifth reason is that it's extremely easy to incorporate in Delaware; it's the Internet's default choice, too.
- larrys 13y ago"Our government has likely forked over millions of our tax dollars" Of course the cliche "shitty little photo sharing startup" runs perfectly all the time 24x7 no down time no code errors. How about checking back in a day and seeing if the problem has been fixed at least? So a site isn't working. Happens quite frequently, right? Happened to me trying to access HN last week and a few times before. Happens when I am trying to get to netflix occasionally. Doesn't mean they aren't aware or aren't working on it. Nice for the OP to try and pile on them of course as if it's all an issue of the government screwing up.
- jliptzin 13y agoActually I tried paying yesterday. Today it still wasn't fixed. I'd bet tomorrow it still won't be fixed. You'd think at the height of tax season this would be a priority for whoever is responsible for the site.