The Tiny Building Where 285,000 Businesses are Based
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- čas přidán 4. 09. 2019
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Music by Epidemic Sound
Written by Adam Chase
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*Stonks*
Oh
Just in time
hey can you make a video on how sans from undertale will inevitably take over the world ok thanks
Imma. Move to Delaware
"A few dozen congressmen"
That's some tasty shade there
it's funny cause congressmen are actually way way cheaper. Telecom lobbies payed less than $100k per most senators for $400 billion in federal funds
was looking for this exact comment. Cheers.
@aljanat5 sorry mate, made this comment nearer the end of the video
yeah that was a nice one
@@samcavanagh7993 What $100K and $400B??? What do you meant?
Also what Congressman get in campaign donations are more than $100k . During election seasons they get +$250k from companies. Congressmen face re-election every two years, versus Senators who face re-election every 6 years. So you have to sum-up how much the congressman got in in donations during the cycles the senator was not involved in. It's almost the same.
So you have to calculat
- Government: and where is your business set up?
- CEO: Delaware
- Government: how original
- CEO: on 1209 orange street
- Government: feeling daring today, aren’t we?
Lol
What if someone accidentally *bombs* that place
_Would be a shame_
*_Wouldn't it?_*
Gabriele Porru I wonder if that would actually effect the economy
What a dumb Lil script you wrote. I'm amazed it got so many likes.
StewartLucrative ‘Tis the law to like a spongebob reference
I think you low balled the number of Senators you can buy with $9,500,000,000, you get a bulk discount when you buy that many.
shit, you can buy the whole us gov with that 9billion and have millions left over for strippers and cocaine
@@belgianwaffles3877 have you seen the updates that Boston dynamics have done to their dogs?
I wont be surprised if the usa military isnt planning on retro-fitting those dogs to be future drone dogs of war with 50cal sniper guns on to them lol
666 likes lol
Something tells me that HAI has been sitting on a bunch of unused giraffe stock images/videos and dumped them all into this video.
it was all airplane free until 4:46
And the airplane fetish continues...
@@desertblade1874 whats the problem?
@@jorgetucson8196 chill bro, it was just a comment. By now I'm waiting for another airplane video from Sam, hopefully he's not running out of ideas.
@@desertblade1874 no dude I was literally asking what's the problem cause I didn't notice that they talked too much about airplanes. What's the pattern?
@@jorgetucson8196 An ongoing joke on this channel is that they make too many videos about airplanes or aviation-related topics.
Yoshi has finally found a safe haven, and it’s none other than Delaware. The IRS won’t catch him now
Yoshi is **technically** not avoiding tax evasion.
What’s Delaware? You mean eastern Maryland?
Mmm nah..
@@zacharymohammadi Don't forget the 70 mile long dangly bit below Eastern Maryland.
killian knew it
So I actually wrote my undergrad thesis on this sort of thing. There's one other EXTREMELY important thing that Delaware has. We have the Court of Chancery, which I believe is the only court in the country that actually specializes in (and strictly deals with) business issues. The Court of Chancery has developed a reputation for extremely fast trials and tends to be more favorable towards businesses. It's not just the tax laws that help.
Also, fun fact, there are TONS of "incorporation services" businesses around the state. I know there's Corporation Service Company (Wilmington), Incorporating Services Ltd (Dover/Camden), and Harvard Business Services (Lewes). I've definitely seen others but can't think of them right now.
Well put mate
You mention them being favorable to businesses but there's more to it. They're cases between 2 businesses and the fact the expeditious is great but also because that's all they do they have familiarity with the issues at hand.
9 1/2 billion for a few dozen senators? I think you're over estimating your senators' integrity, bub
more like 100grand would buy one
jaybajan just some tickets to the Sunday game will do the trick
@@lunx-.2879 that's even more fucked up
still aint enough for a supreme brick
Once you're high enough on Clicking Bad, crooked senators are very expensive.
"that's enough to buy [...] a few dozen US senators." it's just said so calmly
It took me a few seconds to realise what he said XD
I gave the video a 👍 at that point.
No, he is over estimating their integrity. Most of the senators will go for few millions
+Utkarsh Aryan US senators go for $30,000-$50,000 so even you over estimate their integrity by an order of magnitude. Pfizer paid 6 senators $200,000 (for all 6 not each) to get out of being fined for their part in the Opioid epidemic for example.
I can buy entire congress, supreme court, and the president
jesus it sounds like the worst sitcom ever to have fortune 500 companies personified as room mates in that building
Someone make that!
I'd watch a couple of episodes tbh
Would watch that
@Georg omg they were roommates
As a non-American I find the information on all the different Dakotas very useful and informative.
I hate watching videos that are not made by wendover production and it's entities
I actually asked my ISP to block the delivery of any videos not made by wendover productions and its entities.
@@nolikeygsomnipresence270 Normie, I suid youtube for recommending a video which was not from wendover production. in their defense they say it was their fan
*its entities
Youre really gonna confuse non americans with all those Dakotas XD
Cool logo
I personally prefer North Eastern South Western North Western Eastern South Western Dakota because that's where you find Center, Dakota...
And I really dislike the words Eastern Western Southern and Northern because of the -n concatenation.
Aye cool logo
@@hassanm.1887 aye agreed
Don't forget the two Kansases
D E L A W A L R U S E S
I used to live there and I now call myself a Delawalrus
Funny!
Guess What?
*"I'm a *DELAWARUS"*
(A Lonely Walrus From Delaware)
Me 2019
*D E L A W H O R E S*
DELAWARRIORS
"a superhero named boringman whose superpower is coloring things beige"
YOU LEAVE LLOYD ALONE YOU LEAVE HIM RIGHT ALONE
That's a Beige Point right there
Lloyd who? Lindybeige?
I wonder if USPS is also in that building, could save a lot of post delivery time
Hehehe
USPS is a government service, so it gets money from the government. Probably doesn’t need the office.
@@xfinity1348 How about UPS or FedEx then?
@@xfinity1348 it I fully self funded. It gets no money from the government and hasn't for decades
@@fufun4me It's also losing money
Imagine owning that building and telling your parents that you have a building where 285,000 companies are stored.
lmfao
That owner must be making a killing on rent
@@spaceinbetween6591 ikr
@@spaceinbetween6591 ironically I bet the companies pay virtually nothing in rent either. They're not known for paying their fair share
@@Rynewulf They don't need to pay their fair share with that many companies there as the owner can charge them a dollar per month for rent for using the address and he can be a millionaire in 4 months.
What I learned from this video is
That...
You can avoid taxes by declaring your body a Temple
Lol
It's not that simple... However Temples and other government approved religious holy sites are indeed tax free, you could also be a Redskin Casino...
i dont wanna grow up
Calling Biden "Former Vice President" is infinitely funnier now that he is president
Especially since it's illegitimate
@@ML-sc3pt false
@@ronblack7870 not even close.
If you remove every state that illegally changed their election laws Trump was well in the lead
If you remove the fbi and media covering up the hunter Biden laptop story Trump would have won in a landslide
Hell if you remove the votes that weren't with legit signatures or that the address was an empty lot it still could have been enough for a Trump win
And none of those cases were struck down on merit, only standing
@@ML-sc3ptthe burden of proof is on the prosecutor...
so where's your proof?
@@Raisseille literally every case that got thrown out on procedure/standing and not merit...
So nearly all of them
2:34 why is "East Dakota" to the west and "West Dakota" to the east?
So people like you would ask this question.
The result of the Winnipeg Treaty of 1972 which ended the Dakota Intrastate Wars.
As the western territory won, they wanted to appear first in directories to show their superiority and thus gained the name East Dakota in the treaty. The eastern territory assumed the now unused name West Dakota to spite them. Technically this wasn't a violation of the treaty, and neither side was prepared for continued conflict, so it was let slide.
Fan fact: Activision was inspired by this for their name, as they chose their name to appear before Atari in the phone book upon their foundation later that decade.
You just need to go the long way around the planet and then it makes sense.
cpMetis Lol I’m from Winnipeg
Probably because it is a joke. I genuinly wonder how many people watched this, without realising there is neither an East nor a West Dakota...
No lie I used to set my itunes address to delaware so i wouldn’t have to pay taxes on albums
Inconceivable
@@FlytofishingYou keep using that word. I do not think it means what you think it means.
So if we burned down that building would the economy collapse?
You overestimate how much the planet actually needs the business equivalent of middle management
I'm pretty sure that burning down a house still allows the address to exist.
@Willism Rees. You could try and see but you gonna be an FBI queen of the day. Good one my friend 😂.
You know, it’s cool that us Delawalruses get our very own Half as Interesting Video
If you live in New Castle county, you aren't really from delaware.
"Giraffe As Interesting ™️"
I'LL TAKE YOUR ENTIRE STOCK!
Its "Delaware-ians" i lived there for 22 years. It sucks and its all swamps and farm land.
I bet it’s better than New York City. I hate living there.
You must’ve lived in south Delaware. Up north is where there’s more shopping centers, malls, etc.
My home state of Washington is getting to be pretty tough to live in (retarded government, high taxes, sky high property values, skyrocketing homeless populations, etc.) but i did love the landscape. There's a ton of variety with the peninsula having a literal rainforest that gets over 200in of rainfall a year, the rest of the western half is a mix of valleys, hills, mountains, and forest, then the center of the state is the Cascade mountains, the eastern side of the mountains are mostly scrub lands and then the Eastern part of the state is desert and in the Tri-Cities area it gets pretty hot and dry, more like Southern California.
I know of a flat area that due to a rain shadow, in a 20 mile stretch of road you can get 120in of rain a year and its cold, then without crossing any hills or mountains you get to an area that's temperate year round and gets 20in or less rain each year, all just on one 20 mile stretch of highway. They refer to that area as the "banana belt".
and tax havens
As someone who lives in Delaware, is is really lame in the rural areas, but places like dover are pretty well developed
LPT: When buying something non-physical online, set your address to somewhere in Delaware so you don't pay sales tax!
It's worth trying but i think people are catching on because I've had a few sites that already knew the sales tax rate based on either my IP address or credit card, so they'd allow you to fill in any "mailing address" (they usually call it that even if they're not sending you physical goods) but they already knew what to charge for sales tax. It was especially impressive since my city is retarded and has 3 sales tax rates in my zip code alone, and there are 4 zip codes that cover my city.
@@arthas640 VPN
Watching this from Delaware :) The tax law is not the ONLY thing that brings companies. Our court system is also well known for being VERY well versed in extremely complex corporate law / contract disputes, which it kind of has to be considering how many companies are legally based here. This is similar to how a very disproportionate amount of patent lawsuits are handled by a single court in Texas. And, for those that don't know, we also have a trick to attract out of state shoppers - we don't have any sales tax. Only 5 states are free of sales tax and none of the others border us, so it attracts a lot of people looking to make large, tax-free purchases. It's kind of nice to be able to buy something and have it actually cost the price on the shelf.
That Biden/Cap joke tho 💯
This is a reference from Reddit right?
*_REDDIT MOMENT_*
Time period from the website known as Reddit
This reminds me of the "P. O. Box" services those of us outside the U.S. use to ship our merchandise to our home countries. We apparently have an address to a "suite" in Doral FL. to which we send everything we buy from American stores and sites. We pay a fee way more reasonable than international shipping, and we actually get to have access to those who don't ship abroad.
In reality it is just a small building there fetching our stuff for it to be shipped home LMAO
Stay tuned for Part 2 " Logistics of giraffe air transport to and from Delaware"
LMAO 😂
Airbus A-330 Beluga XL cargo planes might be nice for this job.
3:46 [That's enough money to buy] a few dozen US Senators.
It's true, we all know it, yet we never do anything about it.
The people getting that money arent going to want to lose that money so it never will be
@@captainheat2314 If there is one thing both right and left hate, it's politicians. We could come together in peace and harmony as we eat the rich. See ya' at the BBQ.
Time to go declare my taxes are intangible assets since they won't exist once I go to Delaware...
I'm going to open the "Senate as interesting TM". Where you can buy senators all over the word. Possible slogans are: "We love democracy", "I'm the SENATE as interesting", or "Where democracy yeets under thunderous applause"
@Slick Willie for yourself or as a present?
Delivery is free everywhere over a simple majority of senators.
Warranty is valid for a year after the delivery.
Misuse of a senator outside of the terms and conditions or use of a senator outside of his intended Senate will void the warranty. To buy a senator you must be 18+ years old, do not use senators in absolute monarchies, military juntas or if pregnant. We are not responsible for property damages or corruption scandals a senator may cause. Use at your discretion.
@@theophrastusbombastus8019 awesome, where do I sign now?
@@nguyenduyphuc3924 I should have the papers right with me! Just a second.
Nicolas pass me the paper please. Thank you.
There, sign just above the "In congress, July 4, 1776." don't mind scribbling over the rest of the text.
"I am the Senate"
I offer 69 billion USD for that Trademark.
I have to say, this channel has some of the most intelligent and profoundly hilarious humor and I truly appreciate it. I can watch a video about quite literally anything, no matter if I am interested in the topic or not. I will learn something and bust out laughing a dozen times and all that from one video. I love you, HAI!
"That's enough to buy a few dozen senators" I can buy all of congress, supreme court, and the president
Except not THIS president
are you dead
@@PlutoTheSynth no
Kim-Jong Un 100 million subs or I declare war ok thank you
@@TheAdriyaman true, you'd only need a million dollars (what some people in the business call "a small loan")
As a Delawarian, I can tell you this:
We care more about Wawa instead of our tax policies, that's honestly just an extra for us. 👌
I thought you were going to say:
"It's free, real state"
Bullshit. Our priority is to keep tax free shopping. That trumps wawa
And we only visit Royal Farms to take dumps!
As a Delawarean, we also hate it when we have to pay sales tax in other states
Thiago Veloso wawa gang
4:05 you missed 221B Baker Street
And 64 Zoo Lane( if you grew up in Britain in the 2000s you would understand). And the intro to that show has a giraffe.
I'm trying to remember where Paula Nancy Millstone Jennings lives.
Also wolf's lair
I from Delaware and I find it funny that the only videos people talk about Delaware is how dangerous Wilmington is and our no tax law. Great video btw 👍
Your sense of humor definitely has value! I love watching your videos just because it makes me chuckle so much haha
the ct corporation or whoever owns that building is a genius. Entrepreneurs make money by solving problems, only that this company solves tax problems for big companies instead of consumers. It's a really smart way to make money, by exploiting a loophole that other companies take advantage of and helping the companies exploiting it
Yeah, it's probably a subsidiary of Daley Into Europe...
But of course, those businesses save money by not having to pay for 1. The governmental organizations that protect their copyrights. 2. The law enforcement that is supposed to help mitigate the odds of someone stealing/vandalizing the stores. 4. The roads that get their customers, employees, and goods to their stores. 5. The firefighters that would save their warehouses, offices, and stores in case of a fire. 6. The law enforcement that makes it harder for someone, hypothetically, to kill them for their greed.
I guess the saying "you can't have your cake and eat it at the same time" is only true if you don't have enough money to do both
All those things make up about 4 percemt of taxes what their taxes actually go to is weapons of war and other peoples shit
Nice counting
The vast majority of taxes go to blowing up the Middle East and paying off debt
Stephen M. Stouter We’re not blowing it up! We’re just invading the wrong countries.
i love this channel's business info, really interesting and easy to understand!
0:14 I was already getting onto my keyboard to write that I loved watching Wendover's videos.
Hello friends!! Remember to stay hydrated today!
You forgot how DE state court judges rule a lot more in favor of businesses. Plus no sales tax. It’s so relaxed in DE the attorney generals office doesn’t even suit businesses anymore often
i drive right by this place every day and didnt know this about it, thats super cool
You guys are great by catching the humour of viewers and present in a beautiful manner so everyone can understand
I live in Virginia and go to maryland for most summer vacations, near the Delaware border. There's almost no stores on the maryland side of the border, then as soon as you enter Delaware they're everywhere. Those corporations, with what little taxes they do pay to Delaware, enable them to charge no sales tax and other types of taxes so it's great for the people there too
1:15 "or former Vice-President Joe Biden" ehhh......
former vice president turned president
I'm headed to Delaware this weekend. Awesome beaches and fishing!
again learnt something new today. You gave us a lot during just 5 mins! Thx!
THAT BIDEN JOKE THO
Upon first seeing Endgame I was expecting Stan Lee
I said bravo Marvel studios to myself
Bamboozled it was Joe Biden. Daw.
Totally checks out either way
@Hernando Malinche In Avengers Endgame Spoilers
The aged Steve Rogers looks very much like Joe Biden, especially because of his expression, hair style, the folds of his skin and the eyes.
@Hernando Malinche and also Biden is a relic
Iurie Pripa time stamp?
“Former Vice President, Joe Biden” well, this video is going to be confusing for future generations
Boldd of you to asume that there will be any more generations
Suddenly, “save dat money” started making more sense
I love that you corrected it to simile! Great vid as always
I guess these big businesses learned these tactics from Skillshare. Hopefully they have Dashlane to keep their accounting secrets secure.
i heard they also use Nord VPN to safely communicate through the internet.
At least that's what i read from some of their sites that were made with SquareSpace
They make sure they use Honey in order to get their materials to sell stuff at a cheap price
The world's most undetectable tax shelter is Halfasinteresting-stania
I love that part of each video when I'm like "it's coming, I KNOW it's right around the corner, SLIGHT CHANGE OF TONE AND PACING AHHH" BAM Skillshare.
As a Delawarean, I know exactly where that is! There’s an awesome parking garage right across the street. 👍
0:55 add that to your list for “Every Mistake We’ve Ever Made 3”.
It’s “similes”.
It's already corrected in the video itself...
Travis McCrea
I mean the spelling of the word “similes”.
Please make a video on on M/s Estonia, The worst maritime disaster in Europe during peacetime. It would be Very Interesting to watch.
I don't think it suits this channel, but its a very interesting story.
Back in 2013 or so some German journalist got some footage of the ship, it was full of holes caused by explosions, the captain was shot and unidentified corpses were found. Its been silenced for years, and Sweden signed a treaty with Estonia outlawing any diving in the shipwreck area.
Latest information suggests that the ship was carrying leftover ussr era nuclear weapons.
This is how Amazon, Facebook, Google, Apple etc do it in Europe. Amazon Germany pays almost all its revenues to Amazon Luxemburg for using the trademark. From Luxemburg the money then is transferred to the Netherlands where they save on another tax (forgot which it was), and then it’s sent to Ireland.
These corporations contribute merely 0.005 % in taxes to the German state. That’s 50 bucks of every million they make.
Probably my favorite HAI so far!
"Let us be grateful for the fact that there are still such things as those the honorable gentleman calls loopholes. Thanks to these loopholes this country is still a free country" - Ludwig von Mises
Excellent! Thanks for this very nice tutorial on taxes and tax havens. Here, in Europe, we have plenty of Delawares (Ireland, Monaco, Luxembourg, Germany, Switzerland...) So, dear US citizens, if your Delaware suddenly stops working because your president shuts it down (with your president you never know what's next, isn't it?), don't panic! Just quickly transfer the ownership of your logo to, let's say, your subsidiary in Liechtenstein. Et voilà.
But Joe Biden _lives_ in Delaware! I know he's supposed to live at the White House right now (which I'm convinced he tried to order a bag of sliders from more than once), but considering how often he goes to Wilmington, I think he still does! Of course, Sleepy Joe could forget that Delaware is a state...
@@notmuch_23 Did you just have a stroke?
Delawarean here, awesome to see a video about our state!
Thank you for this informative video. I live like 15 blocks from that building.
"My body is my temple."
"Former Vice President, Joe Biden."
Well this didn't age well.
Yep
LOL
Why
@@ThomasBond007 President-elect now and president starting from January
Joe Biden should put a dome over Washington dc
The US isn't one country with a consistent legal system, it's 50 countries in a trenchcoat.
I got hooked on that sponsor Segway for way longer than usual. Good effort 😂
surely residents of Delaware should be called Deloreans- just for the free access to time travel.
"Boringman who's superpower is coloring things beige"
When the writing team finally hires a comedian to co-write
Lol I live right on the border of delaware. Its so nice going to the mall and not paying taxes. And there are so many pharma companies in del too
1:14 that aged well
The Delaware tax evasion glitch was patched in the recent 2.17 update due to Delasoft deciding it will be better for all Delawalruses.
Actually that was patch 3.02. Delawarians will know what I mean.
"The headquarters for an imaginary superhero called 'boring-man,' whose superpower is coloring things beige." WAIT?!?!?! Ian Horner of Loading Ready Run has an office in Delaware? That man gets around a lot.
The mail carrier must loathe the route with that building... It’s gotta be like the scene in Miracle on 34th Street, just a long line of mailbags coming in the door.
I just read an article about the EU considering to categories the USA as tax haven. Nice timing.
i find that hilarious since alot of the worlds major tax havens are in Europe. Luxembourg, Ireland, Monaco, Ireland, the Netherlands, and parts of the UK like Bermuda, the Channel islands, the Cayman islands, and the (British) Virgin Islands. Other than those British islands there isnt a single tax haven on the top 10 lists i could find in North or South America, they're all either European or Asian and alot of people rank Ireland and the Netherlands as 2 of the worst offenders. the EU blaming the US for being a tax haven is like the US blaming the EU for spending too much on their military.
Lmao I wish
Delaware: we have low taxes so we have tons of businesses
Ireland: Hold my beer
That sure was a lot of Dakotas. Good video. I had no idea that the Delaware loophole was a thing. It's just crazy how much debt the country has and yet we offer so many tax breaks and loopholes to those with the most money.
I live just around the block from that building in Wilmington delaware!
You probably confused alot of Europeans with that Dakota thing.
As an European, I agree.
@@alexcuadron8500 In the US I've know some Southerners that will throw in made up "southern-isms" or made up locations to screw with non-southerners. My favorite was a guy who convinced someone he was from "the Great State of North Virginia" and he kept mentioning weirder and weirder things like how something was "as big as a West Virginia gator" and it took the other guy a while to catch on (he was from California so he should have known better).
A few dozen US Senators...
That got me so hard.
weird fetish
Pics or it didn’t happen
285,000 businesses? I would be more impressed with 285,000 airplanes.
Really smooth transition into the promo😎
When you show captain American instead of the actual former vice president
Is it sad that, just a moment after reading the title, I was able to guess "tax evasion"?
1:22 why do these coordinates point to a random house in the middle of nowhere? Is that where Sams sense of humor is held hostage for the past year?
2:30 you got something mixed up my friend, its North Dakota, South Dakota, West Dakota, East Dakota, North-East Dakota, North-North-East Dakota, East-North-East Dakota according to the graphic. While you say: "North Dakota, South Dakota, East Dakota, West Dakota, North-West Dakota, North-North-West Dakota, East-North-West Dakota."
And I can't believe so many people missed that!
"former vice president joe biden"
*mans is a bit more than that now*
Yeah a doormat for the rest of the world
Tell Trumpturds that. lol
And sucking quite badly #letsgobrandon
Displays Captain America instead😂😂
I will now declare my body a church and be tax exempt
I have never thought of this before, so thank you
You can technically start a church, donate all your money to that church, then pay yourself a generous salary (say, 99% of the church’s income), and you’ll be tax exempt
They also have very robust privacy laws, which helps you hide assets from the IRS.
You can also get a special kind of trust in South Dakota protected by such robust privacy laws that it's virtually impossible for any government to tax you on the money you put in it
I'm a big fan of tax evasion/avoidance
Uncool
0:10 funny you mention that first, I've got a few right now..
Historical artefacts, like former vice president joe biden.
Well that one aged real well :D
Aged like fine milk!
Sometimes I think that I've learned more from this channel than my actual school teachers have taught me
No you haven’t, you just remember these two minute tidbits specifically, because you’ve watched them recently and what you learned in school was cumulative knowledge not individual factors.
As someone from North Dakota I really appreciated all the dakotas
I saw the thumbnail and immediately thought of Delaware. A company I interned at was “based” in “Delaware” but was actually in China