Snapshots: 60 Seconds… With Bill Hagerty, Commissioner, Tennessee Department Of Economic And Community Development
Business Facilities
AUGUST 27, 2014
To lure new high-tech ventures, Reno is emphasizing its proximity to Silicon Valley (the city is a four-hour drive from San Francisco) and the fact that Nevada has no corporate or inventory taxes. Reno got clobbered by the Great Recession, hit by a double-whammy of shriveled tourism and a decimated housing market.
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