May 2007 Revision of Original Paper dated July 1999
Nevada should focus on further expanding its financial/corporate sector to generate substantial public and private revenues.
Nevadans have shown their willingness to legislate into existence that Nevada is different than other states. Nevada’s once unique divorce laws and gaming laws are examples, as is its tax haven status, My view is that the tax have status should be widely promoted, rather than compromised.
The purpose of this paper is to arouse more interest in economic diversification, specifically legislation that would make Nevada even more attractive to the global corporate/financial sector and thereby substantially increase state government’s revenues, as well as increase the income of the business and professional community.
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