Ecologically, Wyoming is very exciting with awesome landscapes, national parks and
monuments, and with more than 91% of land in Wyoming classified as rural.
More than
500 thousand people live in Wyoming State.
As of 2014
the population was growing slightly with the most growth in
tourist-oriented areas such as Teton County.
The
composition of Wyoming's economy differs significantly from that of other states with most activity in tourism, agriculture, and
energy extraction; and little in anything else.
The mineral
extraction industry and travel and tourism sector are the
main drivers behind Wyoming's economy. The federal government owns about 50% of
its landmass.
Agriculture
is still an essential part of Wyoming's culture and lifestyle. The main
agricultural commodities produced in Wyoming include livestock (beef), hay,
sugar beets, grain (wheat and barley), and wool. More than 91% of land in
Wyoming is classified as rural.
Wyoming's
mineral commodities include coal, natural gas, coalbed
methane, crude oil, uranium, and trona.
Wyoming
produced 1.77 trillion cubic feet (50.0 billion m3) of natural gas
in 2016. The state ranked 6th nationwide for natural gas production in 2016.The
major markets for natural gas include industrial, commercial, and domestic
heating.
Wyoming does
not levy an individual or corporate income tax. In addition, Wyoming does not assess
any tax on retirement income earned and received from another state. Wyoming
has a state sales tax of 4%. Counties have the option of collecting an
additional 1% tax for general revenue and a 1% tax for specific purposes, if
approved by voters. Food for human consumption is not subject to sales tax.
The state
collects a use tax of 5% on items purchased elsewhere and brought into Wyoming.
As of 2016, Wyoming does not require the beneficial owners of LLCs to be disclosed in
the filing, which creates an opportunity for a tax haven, according to Clark
Stith of Clark Stith & Associates in Rock Springs, Wyoming, a former
Republican candidate for Wyoming secretary of state.
The largest
airport in Wyoming is Jackson Hole Airport, with
over 500 employees. Three interstate highways and thirteen United States
highways pass through Wyoming. In addition, the state is served by the Wyoming
state highway system.
Other U.S. highways that pass through the state are United States Highways
are 18, 26, 30, 85, 87, 89, 189, 191, 212, and 287.
Wyoming is one of only two states (the other being South Dakota) in the 48
contiguous states not served by Amtrak.

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