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Originally Posted by daytrepper  Haha, always wondered why so much junk mail came from Wilmington. Is there anything else there in Delaware besides the coast? |
MBNA (aka "the Green Menace") has it's headquarters around there. They run a ton of the specialty credit cards. And yes, it's tax structure is particularly favorable to registering ships and companies.
It's the mid-atlantic's answer to 'tax free shopping' since there is no sales tax in DE. Unfortunately northern DE has succumbed to it's neighbors and has develooped a terrilbe case of urban sprawl and severe over-development.