Delaware

YOU ARE: an American CEO

Yes, you’re in ... Delaware. It’s in a stable, democratic country (well, mostly), and it exempts subsidiaries of holding companies from taxes, which is why more than half the Fortune 500—on paper—are there. They include Google (GOOG), Ford (F), and Berkshire Hathaway (BRK/A), whose CEO, Warren Buffett, believes rich people don’t pay enough taxes. “Some tax havens have always been low-tax jurisdictions,” Cato Institute’s Daniel Mitchell says. “And then you have countries like the U.S., which are tax havens but no one knows about it.”

 
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