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Industry Focus: Aerospace Sector Is Flying High Again

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billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 The airport is also designated as a foreign trade zone, zoned industrial and owned by the public therefore not subject to property taxes.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. Fortune 500 oilfield services company Baker Hughes is headquartered in Houston and plays a critical role in the Eagle Ford Shale. The Foreign-Trade Zone Program adds to Port Freeport’s appeal. to do business.

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Cover Story: New Energy Powers Growth

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The developer, Houston-based Clean Line Energy, is awaiting approval from regulators in Iowa and Illinois before going ahead with the direct current line. Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program. The current RPS provisions require 5,880 MW of renewable energy by 2015.