Corbett will win by "demotivating" voter turnout, says leaked internal campaign analysis

[JPZenger]

10. Most corporations incorporate in Delaware

Yes, while Wolf had tried to retire from the company and sold the controlling interest, the new owners re-incorporated in Delaware. Then those guys were running the company into the ground, and Wolf and his relatives had to buy back the company and re-take control of the management in order to save hundreds of jobs.

It is standard operating procedure for major corporations to incorporate in Delaware, because of business-friendly courts and other corporate regulations. However, that has nothing to do with whether a corporation is paying its fair share of PA. taxes on PA. profits. The Delaware Loophole is a completely different issue, in which corporations find tricks to hide their profits from PA. taxes. The legislature made a half-hearted effort to close the loophole last year, after allowing it to cost PA. hundreds of millions of dollars for many years.

The Wolf Co. HQ is still in York County.