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Old 06 February 2009, 08:10 PM
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snopes snopes is offline
 
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Ponder DuPont pays all Delaware sales taxes

Comment: I have heard that there is no sales tax in the state of delaware
because the du pont family pays all sales tax for residents. is this
true?
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Old 06 February 2009, 08:25 PM
Singing in the Drizzle Singing in the Drizzle is offline
 
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Not all states have a sales tax. So why must Delaware.

Delaware does have a state income tax and I'm sure a corporate income tax as well.
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Old 06 February 2009, 08:28 PM
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Conversely, California has such a high sales tax rate because I don't pay any ...
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Old 06 February 2009, 11:16 PM
Steve Eisenberg Steve Eisenberg is offline
 
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Quote:
Originally Posted by Singing in the Drizzle View Post
Delaware does have a state income tax and I'm sure a corporate income tax as well.
State income tax - yes.

Corporate taxes - Not usually. A major factor of Delaware's preeminence [as a location for incorporation] is related to the fact that Delaware charges no income tax on corporations not operating within the state. They do collect fees from corporations, the idea being to undercut other states and more than make it up on volume.

Then there's the Delaware Turnpike. 11.2 miles long, $4.00 in each direction. The toll barrier only affects those traveling to and from Maryland. Relatively few Delawareans do this routinely, and most of those probably know how to legally scoot around the toll barrier.
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