General Discussion

ProfessorGAC

(74,616 posts)

49. While A Fair Concern...

Sun Sep 21, 2025, 12:45 PM

Sep 21

...incorporation in Delaware has long been preferred because of all the corporate favorable aspects.
For 100 years, it was preferred and corporations couldn't spend untold sums on politics.
This would be no different than before 2010.
Besides, political contributions are, under current law, an expense. If they quit massive political expenditures, expenses go down, so margins go up.
Shareholders are just as happy; maybe happier if they don't share the executuves' politics.
This is probably not a compelling to dissolve & reincorporate. Lots of cost, not much return.

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New research: Citizens United Can Be Made Irrelevant Via Changes To State Corporation Law [View all] MayReasonRule Sep 21 OP

Nice to have a little hope Easterncedar Sep 21 #1

We need more ideas like this newdeal2 Sep 21 #2

Posted here on DU earlier this week mtngirl47 Sep 21 #16

Indeed, This Is Step #1 MayReasonRule Sep 21 #17

It's long, long overdue. xuplate Sep 21 #3

It is! The Citizens United decision happened 15 years ago, and has been destroying our country since. Scrivener7 Sep 21 #6

So what would be the result if WestMichRad Sep 21 #4

It appears that if you get Delaware on board, you get the vast majority of corporations. 81% in 2024. Scrivener7 Sep 21 #7

Great point! WestMichRad Sep 21 #9

Indeed, That Was My First Thought As Well Until They Mentioned Deleware Within The Audio Summary MayReasonRule Sep 21 #18

I wonder if this would cause corporations to leave Blue states MadameButterfly Sep 21 #26

While A Fair Concern... ProfessorGAC Sep 21 #49

It seems as if Delaware is the most advantageous state for larger companies, Scrivener7 Sep 21 #54

Very blue state. Delaware voted more than 56% for Harris in 2024 Wednesdays Sep 21 #59

But to do this, 70sEraVet Sep 21 #5

But if you got Delaware and the blue states, you cover a lot of the necessary ground. Scrivener7 Sep 21 #8

Could Delaware lose its status as the preferred state then? Lucky Luciano Sep 21 #11

That was my first thought as well... SickOfTheOnePct Sep 21 #12

They Discuss This Very Matter Within The Posted Audio Summary MayReasonRule Sep 21 #19

Instead of corporate loss Marthe48 Sep 21 #20

OK, but existing corporations probably wouldn't do that right away. Scrivener7 Sep 21 #13

The report addresses this newdeal2 Sep 21 #15

But, tell me if I understand this right: a state can regulate a corporation's activities to Scrivener7 Sep 21 #60

Dead On Point MayReasonRule Sep 21 #62

This message was self-deleted by its author Lucky Luciano Sep 21 #10

How would a state prevent TV commercials from another state from entering their airwaves? MichMan Sep 21 #14

Regional ads are used all the time. Add a regulation, and use that same technology. Scrivener7 Sep 21 #21

Yes, and if you live in the vicinity of a state border, you see or hear them all the time. MichMan Sep 21 #22

OK. So? Are you saying it shouldn't be done because a few people at the border will Scrivener7 Sep 21 #24

Because that would be overturned under numerous FCC, interstate commerce, and First Amendment grounds MichMan Sep 21 #30

What would be overturned? You'd be limiting the money from the corporations being spent anywhere. Scrivener7 Sep 21 #34

So Illinois could pass a law not allowing a corporation chartered in South Dakota from airing TV ads in Indiana? MichMan Sep 21 #39

No. It has nothing to do with that. Delaware passes the law. All the corporations that are chartered Scrivener7 Sep 21 #46

Has Delaware indicated they support it? MichMan Sep 21 #51

Oh, jeez. Maybe read the article. Scrivener7 Sep 21 #52

The article doesn't mention the odds of Delaware passing it. MichMan Sep 21 #53

Well, then, you should call the Center for American Progress and tell them you have more important things to do Scrivener7 Sep 21 #55

😁😁 MayReasonRule Monday #63

It's really a great idea. It doesn't take care of the billionaires and their pacs, but it does Scrivener7 Monday #64

Hell Yeah! Thanks Scrivener7! MayReasonRule Monday #65

Lol No. What Reeks Of Authoritarianism Is Having The Government Run By Corporations It's The Very Definition Of Fascism MayReasonRule Sep 21 #28

Waiting to hear how you prevent TV and Radio ads from other states from crossing state lines MichMan Sep 21 #31

There Are Technological Challenges, Nonetheless This Would Have A Profoundly Positive Impact Overall MayReasonRule Sep 21 #33

I still don't get your issue. It's a matter of where the corporations incorporate, not where ads go. Scrivener7 Sep 21 #35

If I understand you, if Illinois passed this law, any corporation from Illinois couldn't make political contributions MichMan Sep 21 #41

The vast majority of corporations are incorporated in Delaware. Delaware passes the law. Scrivener7 Sep 21 #48

I get what MichMan is saying... SickOfTheOnePct Sep 21 #43

No. It's not the state that's involved. It's the corporation. It's not the location of the ad that's restricted, Scrivener7 Sep 21 #50

Rec! Ponietz Sep 21 #23

Early in our history, corporations existed in a much more limited scope for a reason ToxMarz Sep 21 #25

Won't they all just .... Mustellus Sep 21 #27

They Discuss This Within The Twenty MInute Audio Linked Within The Body Of The Post MayReasonRule Sep 21 #29

What's to stop the MAGA SCOTUS from declaring the rewritten state laws unconstitutional? Fiendish Thingy Sep 21 #32

States Grant Corporations Particular Powers And Without That Power Corporations Have No Rights To Contest MayReasonRule Sep 21 #36

Doesn't answer my question Fiendish Thingy Sep 21 #37

Happy Sunday Again Y'all - I Really Appreciate Folks Like You That Desire To Dig Into The Heart Of The Matter MayReasonRule Sep 21 #38

Thank you for the deep dive, but this begs the question: Fiendish Thingy Sep 21 #40

Probably because Uncle Joe Sep 21 #42

No Doubt That There Are Officers Of The Court Within This Forum That Might Provide Greater Insight... MayReasonRule Sep 21 #45

Jeez. That's beautiful. Great find, MayReasonRule. You've made my day. Scrivener7 Sep 21 #61

You got me! SickOfTheOnePct Sep 21 #44

Here Ya' Go... MayReasonRule Sep 21 #47

I'm sure it's that you're just smarter than all the people in CAP who've been studying this. Scrivener7 Sep 21 #56

If only there was a lot of dark money behind it, it might have a chance of passing MichMan Sep 21 #57

Thanks for the post. cksmithy Sep 21 #58