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Competition among states that want business is a good thing at the core though. Delaware and Nevada want to attract business so they have better prices. Regula
by drawkbox 13y ago
Competition among states that want business is a good thing at the core though.
Delaware and Nevada want to attract business so they have better prices. Regulation and law allow it, and this is healthy to have states competing for business.
If this competition did not exist state licenses and taxes would be like paying for broadband from one provider and probably thousands a year to license instead of $300 and taxes would be immense.
Small business especially already pays higher taxes so really any advantage given to small business really helps the economy as a whole even if that means lower taxes by registering in another state. The only way to fight the market is with regulation or competition, the latter always means cheaper prices and will allow more small business.