the detail is in the below
Please read the following article entitled “How Delaware Thrives as a Corporate Tax Haven”, published in the New York Times June 30,2012. ;
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Thinking about the information presented in that article, as well as what you have learned from the textbook readings, please post responses to the three questions below:
- The current system encourages states to compete with each other to attract businesses to incorporate in a particular state, regardless of where they actually operate their business. ; How do you feel about this practice? ; Do you think this competition is good for the economy? ; for states? for business? for consumers?
- Should Delaware change their state law regarding corporations? ; If not, why do you think the current system is best? ; If you favor change, explain why and provide an example of the ; type of change you support.
- Should corporations incorporate in Delaware to take advantage of the favorable laws? ; Is it ethical? ;
;After you have posted your thoughts, review your classmates’ ;posts and respond to at least two of them.