Juda Engelmayer

⚖️ Delaware Thank you, @Judson_Bennett I invite everyone to read the full article, link below. Interesting passage from the letter of the two Democratic Representatives: "The benefits of this system to Delawareans are undeniable. Corporate license fees and associated tax revenues accounted for roughly 33% of Delaware’s general revenue in recent years, funding critical programs and services that benefit everyone. This revenue allows us to make meaningful investments in our communities without overly burdening our residents with higher taxes. In this way, our corporate law structure doesn’t just serve businesses; it also serves our state. But this system is under attack. Recent high-profile court decisions have placed us in the crosshairs of national actors, and other states are looking to capitalize on any business that looks to move away from Delaware. It cannot be overstated how significant the tax revenue and businesses brought by the corporate franchise are to our state. We have bragged to our friends in neighboring states about Delaware’s 0% sales tax, and millions travel from across the region each year to save on their expensive purchases. Tens of thousands can enjoy retirement from the comfort of their home because of our low property taxes. Delaware had the lowest sales and property taxes per the Tax Foundations’ 2025 report. This is a result of the revenue generated from our corporate franchise industry."