Cromwell's New Jersey Taxes

New Jersey's progressive governor, woodrow wilson, who enacted anti trust laws and led most of those same corporations to flee to delaware. So eventually regulations and rulings caught up to cromwell's new jersey laws, but it bought companies a good ten years of freedom in that state. This is essentially a large or this would become a race to the bottom, with tax shelters becoming what they are now, which is essentially a zero % taxes.