South Dakota's lack of a personal income tax has become a cornerstone of its pitch to businesses and workers. The state's economy is changing fast, and its numbers tell part of the story.

The state levies no personal or corporate income tax on residents or firms.

What sets it apart

Officials credit the policy with drawing finance, trust and service companies. That detail is easy to overlook, but it helps explain the pull this place has on locals and visitors alike.

Sales and property taxes carry much of the state's revenue instead.

Why it matters

In the end, the story here is really a story about the northern plains and the people drawn to them. Whether the bet pays off or not, it is helping write South Dakota's next chapter.