Mondragon Corporation
Does anyone know the best state(s) in which to base a cooperative? Delaware, Nevada and Wyoming are the best for corporations, the main goal being to avoid corporate income taxes:<p><a href="https://www.legalnature.com/guides/top-states-for-incorporation-delaware-nevada-and-wyoming-explained" rel="nofollow">https://www.legalnature.com/guides/top-states-for-incorporat...</a><p>Related to that, is there something to be said for basing a cooperative/corporation in your home city/state specifically to bring in tax income for schools, infrastructure, police, firefighters, etc? What about nonprofit corporations, is this a nonissue for them?<p>In Boise, ID (where I live), HP and Micron/Crucial have enjoyed tax breaks for years as an incentive to be based here. But people have speculated that those breaks made it harder for other tech companies to compete here, because their tax burden lowered the wages they could offer. That may have set back the startup scene here for many years. It also potentially raises residential property taxes since someone has to pay for those incentives, and that's become a major issue as more people move here.<p>I worked at HP for a year as a contractor 15 years ago and it was wonderful, so I'm not disparaging them. I'm just curious to see what others think of this issue.