But Delaware - which was founded by Swedes and is named for a British earl, Lord de la Warr - is a really big deal in financial circles. In fact, it's America's corporate capital.
(1)_________________________________, and thousands of smaller ones, are incorporated there. They keep their official, if not actual, headquarters in Wilmington - Delaware's largest city. Most are only token offices. Some are strictly on paper. Still, Delaware makes 22% of its annual revenue from them by (2)_________________________________.
And what does a corporation get? It saves a lot of money because Delaware has no state income tax. And the special court that (3)_________________________________. So companies are quite comfortable planting their corporate flags in Delaware. Little Delaware, first in the nation, literally and corporately.
