Quote:
Originally Posted by worstpilotever
I wonder how all the infrastructure will get paid for.
Currently Nevada funds their state budget through tourism (gambling and hotel room tax). As the amount of Nevada residents increase (Nevada is the fastest growing state) relative to the number of tourists, there becomes less and less money to fund these projects. Look for Nevada to institute a state income tax within the next 10 years.
43 out of 50 states have state income tax, and the average rate is around 5%.
5 of the 7 have high property taxes that make up for it (Texas, Florida, etc...)
Alaska gets all its money from oil drilling.
Nevada gets all its money from gambling and hotel taxes.
Every state gets money one way or another.