Earlier quoted context omitted.
Yes. When governments compete, you win. When you're stuck with only one option, you're more likely to overpay. Especially in a large popular state that is difficult to get away from in more ways than one.
>Especially in a large popular state that is difficult I agree, and states in the US being too big is the root cause of the headache.
The Case Against Delaware (2002)
31–40 of 45 posts
Re: The Case Against Delaware (2002)
#32Most of you focused on iteration and entrepreneurship should appreciate Delaware simply for its incorporation status alone. Why does everyone incorporate in Delaware do you ask? Is it some tax break or something purely financial, as most people guess? Nope. It's because Delaware put a stake in the ground a LONG time ago and said that they want to be the experts at dealing with business law. So much so that they have…
That's certainly nice for corporations.
However, I would argue that situation runs directly against the broad tenants of American Democracy. Specifically, that states should regulate their internal commerce to some extent and the Federal government should regulate the rest. Here, you have one state that allows an end-run around both institutions (except for the minute number of people actually living in Delaware).
Re: The Case Against Delaware (2002)
#33> The State of Delaware had turned the East Coast’s main traffic artery into a sweltering parking lot merely so it could exact a tribute from each driver crossing its miserable little stretch of concrete.
Wow, the author has a lot of emotion for a supposedly one-time problem. Delaware pays for a little over 69% of its state and local road maintenance; the tolls help pay for it.
> The practice of charging road tolls is an archaic holdover blighting much of the Northeast.
Roads cost money to maintain, and eventually, replace. Tolls are supposed to help pay for this stuff.
> The whole paragraph on Gunning Bedford Jr.
Pointing fingers at anyone in the colonial era is objectively dumb. For example, Roger Sherman, a representative for Connecticut, helped write the 3/5 compromise, where slaves were counted as 3/5 of a human for voting purposes. Quick, Connecticut is evil incarnate, you should hate it.
> When the nation mobilized for the War of 1812, Delaware manufacturers, led by the du Ponts, demanded that their laborers be exempt from military service.
If the author did any research into the Du Pont company, they would know that the mills were gunpowder mills. Now, why would everyone want gunpowder mills to be run by their skilled employees in a war?
> Delaware voted against the Thirteenth, Fourteenth, and Fifteenth Amendments to the Constitution, which freed the slaves and gave them the vote and equal protection.
Yes, Delaware was racist, and some parts still are. However, as the author makes clear, this is not specific problem for Delaware, but a systemic problem throughout the US.
> Delaware also set itself apart through its fondness for medieval forms of punishment.
Okay, I honestly didn't know this stuff, and I did double check that it is generally accurate. It is shitty, but still it was 60 years ago.
>If a state wants to charge drivers for the cost of maintaining roads, tolls are a dubious way to do it—the traffic congestion they produce can be more costly than the toll itself.
Outdated; easy-pass barely has any effect on traffic.
> The rant about tolls
Blah, blah, Delaware is malevolent; Delaware is an abstract entity that doesn't have intent. It is a collection of any number of individuals who may fit or not fit with the author's view of Delaware.
> To nonresidents, of course, it makes not a whit of difference that our tolls finance Delaware’s airports rather than its schools.
Ironic, Delaware has no commercial airports; as I have already said, Delaware pays for a majority of its local and state road maintenance, which otherwise would come from the federal government. Guess, where that federal tax money comes from?
> Seizing the opportunity to exploit unwary consumers across the country, eight of the ten largest credit-card firms in the country now operate within Delaware. In the meantime, personal bankruptcy nationwide has risen sevenfold over the last two decades, and tens of millions of Americans send checks to Delaware every month.
There is no direct line of causation that the author even pretends to offer. This is textbook misdirection. Of course, people send checks to Delaware because that is where their banks are.
> But just after the Pennsylvania bank ceased its payday lending, a bank based out of Delaware opened up shop in its place.
I mean that could be related, but the author does not give enough evidence.
> The revenue stream is so large (relative to Delaware’s budget) that the state needs no sales tax.
Delaware also has quite high property tax; taxes are distributed differently in every state. Some states have high income tax, some have high sales tax; it doesn't matter which.
Okay, this is as far as a can stand to go. The author hates Delaware, I don't know why.
Re: The Case Against Delaware (2002)
#34Most of you focused on iteration and entrepreneurship should appreciate Delaware simply for its incorporation status alone. Why does everyone incorporate in Delaware do you ask? Is it some tax break or something purely financial, as most people guess? Nope. It's because Delaware put a stake in the ground a LONG time ago and said that they want to be the experts at dealing with business law. So much so that they have…
Well, That's certainly nice for corporations. However, I would argue that situation runs directly against the broad tenants of American Democracy. Specifically, that states should regulate their internal commerce to some extent and the Federal government should regulate the rest. Here, you have one state that allows an end-run around both institutions (except for the minute number of people actually living in Delawar…
Tenets.
> states should regulate their internal commerce
That idea was invented at a time when the fastest way to travel or communicate was by horse. In the age of the automobile, the airplane, and the internet, there is barely any such thing as "internal commerce" any more.
Re: The Case Against Delaware (2002)
#35Most of you focused on iteration and entrepreneurship should appreciate Delaware simply for its incorporation status alone. Why does everyone incorporate in Delaware do you ask? Is it some tax break or something purely financial, as most people guess? Nope. It's because Delaware put a stake in the ground a LONG time ago and said that they want to be the experts at dealing with business law. So much so that they have…
> You can literally incorporate your business in 15 minutes or less. Try doing that in your home state. According to https://corp.delaware.gov/faqs/ , their expedited service offers 1 hour, 2 hour, same day, and next day service. I didn't see anything there about how long regular service takes, but according to lawyers who answered a question about this [1] on Quora, it is about a week. Is there some faster way to ge…
Re: The Case Against Delaware (2002)
#36Earlier quoted context omitted.
Well, That's certainly nice for corporations. However, I would argue that situation runs directly against the broad tenants of American Democracy. Specifically, that states should regulate their internal commerce to some extent and the Federal government should regulate the rest. Here, you have one state that allows an end-run around both institutions (except for the minute number of people actually living in Delawar…
> tenants Tenets. > states should regulate their internal commerce That idea was invented at a time when the fastest way to travel or communicate was by horse. In the age of the automobile, the airplane, and the internet, there is barely any such thing as "internal commerce" any more.
Balancing these two values is not trivial. Article 4 takes a shot, it's how we got here.
Odd to claim it's antithetical to American democracy. These sorts of compromises between union and independence, with all their odd imperfect results, are pretty thoroughly baked in.
Re: The Case Against Delaware (2002)
#37If you're not from the northeast, the fact that Delaware is the state of incorporation for so many companies is a huge pain point when bankruptcy is involved. For example, why should a company who exclusively does business within 200 miles of their headquarters be able to file bankruptcy thousands of miles away? Is that the justice intended by our court system? Any parties involved (suppliers, employees who are still…
Would you suggest that a company must operate close to where it's registered? How is it going to work with companies that operate across several states, and gradually focus on more on other states than the place of the original incorporation? Can they even close a branch in the state of the incorporation? How important the convenience of the bankruptcy process is compared to other processes related to a company?
Re: The Case Against Delaware (2002)
#38It's not unprecedented. Only a few miles north, New Jersey basically ruined I-95 for everyone who lives above Philly. https://www.bloomberg.com/news/articles/2018-08-20/after-60-... DE and NJ aren't really suitable states, they bring zero benefit as a separate entity from their neighbors. Disclaimer: I live in Philadelphia. Also, fuck Dallas.
> Near the Pennsylvania border, drivers have long been forced off the interstate and onto other roadways, only to join back 8 miles away.
"Forced off the interstate..." onto other interstates, lol. Driving north from Philly if you wished to carry on to 95N you could either take the PATP connector 276E over the river, or continue north to 295S and then 195E. Both of these routes are high speed limited access highways, and join with the NJTP. So its not like getting forced off onto secondaries which is kind of how the author wanted it to sound. I've made that drive a hundred times over the last 25 years and I never felt the lack of a "95" on the signs I passed.
As for NJ not being a suitable state, I've lived here 25 years and it seems suitable to me most of the time. You probably swim off our beaches, and eat the seafood we catch and the veggies we grow. We are a "barrel tapped at both ends" as Franklin put it, with Philly and NY both benefiting. You should be more grateful :).
Re: The Case Against Delaware (2002)
#39I was born and raised in Delaware, so I will give my quick take on it. > The State of Delaware had turned the East Coast’s main traffic artery into a sweltering parking lot merely so it could exact a tribute from each driver crossing its miserable little stretch of concrete. Wow, the author has a lot of emotion for a supposedly one-time problem. Delaware pays for a little over 69% of its state and local road maintena…
Also from Delaware here. I'm a big fan of this article for its prose alone. This is one of the most entertaining things I've read in quite some time.
> Indeed, Delaware’s image as small and inoffensive is not merely a misconception but a purposeful guise. It presents itself as a plucky underdog peopled by a benevolent, public spirited, entrepreneurial citizenry. In truth, it is a rapacious parasite state with a long history of disloyalty and avarice.
I wish the Delaware History Museum could sell that on a mug.
Re: The Case Against Delaware (2002)
#40Most of you focused on iteration and entrepreneurship should appreciate Delaware simply for its incorporation status alone. Why does everyone incorporate in Delaware do you ask? Is it some tax break or something purely financial, as most people guess? Nope. It's because Delaware put a stake in the ground a LONG time ago and said that they want to be the experts at dealing with business law. So much so that they have…
Well, That's certainly nice for corporations. However, I would argue that situation runs directly against the broad tenants of American Democracy. Specifically, that states should regulate their internal commerce to some extent and the Federal government should regulate the rest. Here, you have one state that allows an end-run around both institutions (except for the minute number of people actually living in Delawar…