State of Wyoming individual income-tax absence

Components of Wyoming's economy differ significantly from those of other states. The mineral extraction industry and the travel and tourism sector are the main drivers behind Wyoming’s economy. Unlike other states, Wyoming does not possess an individual or corporate income tax. The Federal government owns 42.3% of its landmass, while 6% is controlled by the state. Total taxable values of mining production in Wyoming for 2007 was over $14.5 billion. Travel spending by all domestic and international visitors in Wyoming was approximately $3.8 billion in 2018.