Reinventing the company town? Nevada offers self-governing ‘Innovation Zones’ with own TAXES & COURTS
FILE PHOTO: Facebook's campus on the edge of the San Francisco Bay in Menlo Park, California, US, January 13, 2017 © Reuters / Noah Berger https://on.rt.com/b17f Reinventing the company town? Nevada offers self-governing ‘Innovation Zones’ with own TAXES & COURTS by aletho RT | February 5, 2021 Nevada Governor Steve Sisolak is trying to lure high-tech firms into his state with an offer to allow them to effectively form independent governments at the county level, capable of levying taxes and even forming courts. Companies with an “innovative technology” are being offered a chance to try their hand as miniature sovereign states, according to new state legislation seen by the Las Vegas Review-Journal on Wednesday. While Sisolak hinted at the idea during his State of the State address last month, few details have been made public until now. These so-called “Innovation Zones” are being marketed to lure tech companies – perhaps those struggling with the high taxe...