Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Photo Galleries
Five most expensive cars sold at Pebble Beach These classic cars went for seven figure sums at the world's premier classic car event. More
Seats that move! Rain! Movie-watching goes beyond 3D How can movie theaters compete when many prefer to watch streaming video from their own comfy couches? Some hope a new interactive technology will lure audiences with immersive effects. More
15 cool cars for sale at Pebble Beach While these events are best known for seven-figure classics, just about everything crosses the block at Pebble Beach. More
Special Offer
2 of 7
BACK NEXT
Nevada
Nevada
Taxes: No personal or corporate income tax
Best Places to Live and Launch: Reno (No. 54), Henderson (No. 98)

Nevada's advantageous tax structure is helping to lure workers from neighboring states: the state population increased by 25% from 2000 to 2006. Beyond lacking an income tax, Nevada also has no inventory tax and low state payroll taxes. Plus, the cost of living is affordable.

Most people cluster in and around Las Vegas, the state's largest city, and Reno, the second-largest, both known for their gaming and hospitality industries. While construction companies have been hit hard since the housing market's downturn, the growing population has created demand for a variety of services as well as new restaurants and bars.

Henderson, just outside of Las Vegas, boasts thriving health care, education, and finance sectors; its location is conducive to doing business with other major southwest cities. Tourists flock to Reno not just for gambling but also for outdoor recreation - nearby Lake Tahoe offers water sports in the summer and skiing in winter. In rural areas, where mining is the primary industry, businesses are benefiting from the high cost of gold and copper.

NEXT: Florida

Last updated March 27 2008: 10:09 AM ET