
No Income Tax: The Draw That Reshaped a State's Economy
South Dakota's lack of a personal income tax has become a cornerstone of its pitch to businesses and workers.
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Enterprise, energy and a tax climate built to draw builders.

South Dakota's lack of a personal income tax has become a cornerstone of its pitch to businesses and workers.

A change in banking law in the 1980s turned South Dakota's largest city into a credit-card capital.

Favorable trust laws have made South Dakota a magnet for wealth management from around the world.

Corn, soybeans, cattle and wheat remain the backbone of South Dakota's working landscape.

West-river ranching remains a defining industry and a way of life on the grasslands.

Mount Rushmore, the Badlands and the Sturgis Rally power a tourism economy worth billions each year.