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screwedupJul 30, 2010
Nevada FTW! We have to do something well.
drumraveJul 31, 2010
So that's why ther are so many software companies in FL...
jakashJul 31, 2010
http://en.wikipedia.org/wiki/Network_effects
pixelguruJul 31, 2010
This account has been closed by the user
drumraveJul 31, 2010
Delaware- "who cares?"
pixelguruJul 31, 2010
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Closed AccountJul 31, 2010
We can thank Delaware for the 29% usury that USED to be illegal in the US as recently as the 70's.
osabr22000Jul 31, 2010
No, you thank the federal government for that s**t. Local states were allowed to regulate it because cc rates were subect to state laws.... before that law was repealed. Once we took away state rights to regulate usury, it was a mad scramble to Delaware.Comment is buried, click here to see the rest.
Closed AccountAug 1, 2010
And, as you point out, it was a mad scramble to Delaware. WHY was it a mad scramble to Delaware? What was it about Delaware that made them madly scramble TO Delaware, huh?
fuzzynyankoJul 31, 2010
business to business software sales is huge, because I'm finding it common for software companies to buy software from other software companies
lognoseJul 31, 2010
Weird.... it appears they've done some kind of research, but didn't realize their Delaware picture is from Pennsylvania.
emkaysmithJul 31, 2010
Maybe for *incorporation*, but Wyoming, Nevada, and North Dakota have no population centers worth mentioning and you wouldn't want to actually try to carry on a real business there. Texas, on the other hand, also has no income tax and has been extremely business-friendly for decades. And with three million-plus metro areas, there's a huge labor pool. (Yes, I know -- Texas has a great many other problems, but we're talking about the business climate.)
osabr22000Jul 31, 2010
That may be fine and dandy for Wyoming, but there's one big problem.
NOBODY LIVES THERE.
Who gives a taxed s**t on all of the tax advantages of Wyoming if there isn't anybody to transact with?
iuandarJul 31, 2010
Nobody lives in Nebraska, doesn't stop companies from putting call centers there.
In other words, you're forgetting that not every business has to deal with customers on the street. It's very feasible to put offices there to manage the business done regionally or nationally.
osabr22000Jul 31, 2010
Of course they do... But your forgetting that "employment" is a transaction. While a call center doesn't have to deal with customers with close physical proximity, their employees for the time being must be. What's the point in having a call center where there are not enough people to staff it?
In other words, you're forgetting that employment is also a transaction.
bdbrJul 31, 2010
It also affects hiring. It can be hard to get highly-qualified employees to go to South Dakota or Wyoming. Even if you get them to come there, it may be hard to keep them there. Some people will be attracted by the nature and scenery, but when your largest city is only 50,000 people, it can be just too dull for a lot of people.
reallypodJul 31, 2010
What, Not California, Michigan or New York? Wonder why not.
bdbrJul 31, 2010
Bottom 5:
46. Iowa
47. Ohio
48. California
49. New York
50. New Jersey
mcwhitebreadJul 31, 2010
bdbr, Dude?
Cite please?
bdbrAug 1, 2010
The study referenced in the article.
http://www.taxfoundation.org/files/bp59.pdf
bdbrJul 31, 2010
Delaware seems to be awfully sensitive this morning.
inactiveuserJul 31, 2010
Maryland seems to be the winner.
buckrogers1965Jul 31, 2010
If a corporation operates across state lines why don't they have to register with the federal government and abide by a single set of standard laws across the USA?
lightinggodJul 31, 2010
It seems to me that according to conservative dogma, all of the states on this list should be a business paradise. But it doesn't seem that business is attracted to most of the states. With the exception of Florida, and Nevada, the combined populations of these states is less than Chicago. Why aren't businesses flocking to these states to take advantage of the so called ideal business climate? And why are the states of Florida, and Nevada in such a financial mess?
idontevenAug 1, 2010
Never knew Chicago had a population of more than 21 million.
shewflyshewAug 1, 2010
That pic of DE is hilarious. Someone needs a geography lesson.