President Donald Trump’s media company has become the latest to leave behind incorporation in Delaware, fleeing the left-leaning Blue State for the more “pro-business” climate of Florida.
Trump Media & Technology Group (TMTG), which offers the digital platform Truth Social, officially moved to Florida, a company filing Wednesday with the Securities and Exchange Commission showed.
The small state of Delaware, with little more than 1 million people, derives more than one-third of its state budget from corporate legal fees.
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