Trump and Clinton share tax haven address in Delaware

Trump and Clinton share tax haven address in Delaware. There are 285,000 companies with a registered address of 1209 North Orange Street, Wilmington. One of those companies is Hillary Clinton’s lucrative speech-making/influence-peddling business and 378 of those companies belong to Donald Trump. So there’s your two probable presidential nominees: both of them say they want to raise taxes, both of them use a tax haven to avoid paying taxes themselves.

This post was last modified on April 26, 2016

J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

View Comments (17)

  • In other "news", water is wet. Sheet, the laws that are passed that allow such things have been passed and embraced by both "parties." Why do you think half the members in Congress are millionaires and then some?

    They vote themselves pay raises whether they deserve them or not, they exempt themselves from insider trading laws, employ lobbyists of one ilk or another and exploit every benefit afforded themselves from their travel expenses, their taxpayer funded pensions to Cadillac health insurance plans.

    Wake me when that cr@p changes.

  • I saw an "US" magazine at the grocery store a few minutes ago, it has Hitlery's ugly mug on the cover with a caption, 25 things you don't know about me...I like hot sauce, I like to read and I can't carry a tune...Who gives a flying F*ck, we all know lots of things about Broomhilda, like she is dishonest, stupid, lies, and now we see where she hides her money so she doesn't have to pay taxes..great and she wants to tax the shit out of the rest of us...I hope she expires soon after getting falling down drunk again...

  • Who cares? I don't have billions of dollars like Trump, even a few paltry millions like the Clintoons, but I still do everything I can to pay as little in taxes as I can. A little lie here, a little cheating there, if it puts another hundred bucks into my pockets instead of going to the gooberment I am a happy camper.

  • Delaware is well-known as a haven for corporations due to low taxes and incorporation fees. The next line: "1209 North Orange Street in Wilmington is a nondescript two-storey building yet is home to Apple, American Airlines, (and)Walmart..."

    C'mon, what is this, The Raw Story or Vox or something?

    • PS -- "Of the 515 companies on Trump’s official Federal Election Commission (FEC) filing, 378 are registered in Delaware, he revealed, after being questioned by the Guardian about why so many of his New York-based companies are incorporated in Delaware."

      And any one of those companies does more for the economy and individuals than Broom Hilly has EVER done for ANYONE. Except herself.

  • Yeah… I have to side with Clinton and Trump. They're using a legal means to lower their tax burden. Anyone who wants to pay a dime more in taxes than they have to is a moron. If this tactic was illegal… then you'd have something. Most people with any wealth have it because they are smart. They actively seek ways to make and keep more money. They have that money because they are willing to take the time to set up and use any legal means to keep the money in their pocket and not the gov's. If this article is true, there are another 284,998 smart people using this same 'loophole.' Now if this little 'haven' were to get shut down and Trump started whining about it, then we can yell hypocrite. Until then, I have to give all 285K of them a pass and kudos for finding this little nugget.

    Are either of these candidates making speeches saying we need to close these loopholes or just saying they want to raise taxes on the wealthy?

  • NO WAY!!!

    You mean the guy that says he does everything he can to pay the least amount of taxes, LEGALLY lowers his taxes by doing business in Delaware?

    I know you think that is terrible.

    BUT....

    You also think Trump is evil because he said he thought 1%ers should pay more taxes.

    The TDS has cross wired your thinking.

      • The other day, you posted about how Trump was against Reagan tax cuts on the super wealthy and that made him horrible.

        Today you post about how trump uses legal means to lower his taxes and that makes him horrible.

        Pretty straight forward.

        • I think your logic circuit must be malfunctioning. Don't worry, I'm sure the hive can fix it.

          The fact that Trump a couple days ago said he wanted to raise taxes on the wealthy and then it turns out he uses a tax haven to avoid paying his own taxes is very much the point--the point being that he's a hypocrite. This is the sort of hypocrisy we always point out in liberals... which is what he is.

          By the way, he never said "super wealthy." He said he wanted to raise taxes on the wealthy, which in the minds of Congress and the elitists who run things always ends up boiling down to anybody with a job and a house outside the inner city. In other words, if you work for a living and have reached the middle class, bend over and prepare to be f***ed again.

    • I blame Bush--who's obviously in collusion with "Lyin' Ted" to spread these false rumors that Mr. Drumpf is a progressive Democrat liar.