General Discussion
In reply to the discussion: New research: Citizens United Can Be Made Irrelevant Via Changes To State Corporation Law [View all]Scrivener7
(57,252 posts)or for companies that want to become larger companies. https://gimmelaw.com/best-state-for-incorporation
And tax structures have a really huge effect on profitability. Delaware is kind of the gold standard in terms of established law, etc.
But there is some competition for smaller companies from a few other states.
And of course, nothing's to say other states can't jump on the bandwagon for this.
But I can't imagine it's easy to de-charter and then re-charter your company (if those are actually words) in order to make political donations. I have no idea what the "break even" point to do that would be, but I imagine it's high. So I imagine some wouldn't do it, and others would take a while to get it done.
And in the meantime, corporate money in politics is vastly reduced. And we need all the breathing room we can get.
Edit history
Recommendations
0 members have recommended this reply (displayed in chronological order):