Delaware’s Corporate Cash Crisis | Dover News

Delaware’s corporate tax gravy train is slowing to a crawl as companies flee for Texas—where zero income tax, business-friendly courts, and even its own stock exchange are making it the new hotspot. While Delaware clings to outdated perks and just raised taxes to prop up its sagging corporate income (down from $1.4B in 2023 to $1.32B in 2024), projections show it’ll stay flat through 2028. If Delaware doesn’t reinvent itself, it may be forced to introduce a sales tax—a fate no one wants. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d56c5c35ac5b5378