Santiago: Difference between revisions

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== Economy ==

=== Personal income ===

Santiago's economy, centered on Newport, is diverse and has a mix of industries and sectors that contribute to its growth. The state's economy is the second largest in the country, with a gross state product of €3.65 trillion. Santiago's economy is driven by a combination of agriculture, manufacturing, services, and tourism. In fact, the state is considered the agricultural powerhouse of Cartadania, generating a large portion of its revenues from agricultural sources.

~~=== Real estate ===~~

[[File:Sugarcane harvesting equipment Piracicaba 05 2009 5845.JPG|thumb|200px|right|Cane harvester at a Senopia County sugarcane farm.]]

~~=== Tourism ===~~

Agriculture is a significant industry in Santiago, with the state being the largest producer of coffee, sugar, corn, rice, soybeans, oranges, strawberries, blueberries, and grapes in the country. Santiago is also a leading producer of beef, poultry, and dairy products. The state's agriculture industry is supported by research and development facilities, extension services, and other programs to help farmers increase their productivity and efficiency.

~~=== Agriculture ===~~

Manufacturing is another significant industry in Santiago, and it is diversified across different sectors. The state is a major producer of aerospace components, medical devices, and electronic products. Santiago is also home to several automotive and transportation-related manufacturing plants, including those of major automaker, [[Rhea Automobili|Rhea]] (though headquartered in [[Victoria]]). The manufacturing industry in Santiago is supported by a skilled workforce, strong infrastructure, and research and development centers.

Services play a vital role in Santiago's economy, with the state being a major center for tourism, healthcare, and education. The state's healthcare industry is among the largest in the country, with several world-class hospitals and research facilities. Santiago's education industry is also well-developed, with several top-ranked universities and colleges. Tourism is an essential industry in Santiago, with the state being home to many natural attractions, cultural landmarks, and theme parks. The state's beaches, national parks, and historical sites attract millions of visitors every year. Santiago also has a thriving hospitality industry, with many hotels, resorts, and restaurants.

=== Personal income and taxes ===

Santiago's median household income is $62,659, meaning it has the 29th highest income in the country, or inversely, is the 6th poorest state in the country. In actuality, the state has low income inequality, and with a population primarily occupying jobs in the agriculture and industrial sectors, its population earns less. This is not to say Santiago has no top earners, but rather, the lower-middle income earners dilute the gaps. In any case, Santiago's residents are still high earners when compared to the world at large.

Santiago has a legacy tax model borrowed from Verona that does not include a state income tax. Instead, the state offsets this with higher sales tax, at 6% for base state rate, increasable to 8.25%, as well as higher property taxes, though the state average still hovers around 1%. Santiago does have a higher fuel tax, at 42 cents per gallon. Santiago earns large portions of its revenue from agriculture and tourism, thus, it has a very low overall tax burden, despite its location in the country.

Despite its economic successes, Santiago still struggles with income relative to its neighboring state. The state's median household income, at $62,659, is below the national average, ranking it as the 6th poorest state in the country. However, Santiago's low income inequality means that the majority of its residents earn similar incomes, thus diluting the gap between the rich and poor.

Santiago's tax model is borrowed from Verona and does not include a state income tax. Instead, the state relies heavily on sales tax, with a base rate of 6% that can be increased up to 8.25%, as well as property taxes. Despite these higher taxes, Santiago still maintains a low overall tax burden, which is primarily due to the state's reliance on agriculture and tourism for revenue. One of the unique features of Santiago's tax system is its higher fuel tax at 42 cents per gallon. This has allowed the state to maintain its infrastructure and improve its transportation network, which is critical for the state's agricultural and tourism industries.

== Architecture ==

== Education ==

@@ Line 271: / Line 271: @@
 == Economy ==
-=== Personal income ===
+Santiago's economy, centered on Newport, is diverse and has a mix of industries and sectors that contribute to its growth. The state's economy is the second largest in the country, with a gross state product of €3.65 trillion. Santiago's economy is driven by a combination of agriculture, manufacturing, services, and tourism. In fact, the state is considered the agricultural powerhouse of Cartadania, generating a large portion of its revenues from agricultural sources.
-=== Real estate ===
+[[File:Sugarcane harvesting equipment Piracicaba 05 2009 5845.JPG|thumb|200px|right|Cane harvester at a Senopia County sugarcane farm.]]
-=== Tourism ===
+Agriculture is a significant industry in Santiago, with the state being the largest producer of coffee, sugar, corn, rice, soybeans, oranges, strawberries, blueberries, and grapes in the country. Santiago is also a leading producer of beef, poultry, and dairy products. The state's agriculture industry is supported by research and development facilities, extension services, and other programs to help farmers increase their productivity and efficiency.
-=== Agriculture ===
+Manufacturing is another significant industry in Santiago, and it is diversified across different sectors. The state is a major producer of aerospace components, medical devices, and electronic products. Santiago is also home to several automotive and transportation-related manufacturing plants, including those of major automaker, [[Rhea Automobili|Rhea]] (though headquartered in [[Victoria]]). The manufacturing industry in Santiago is supported by a skilled workforce, strong infrastructure, and research and development centers.
+Services play a vital role in Santiago's economy, with the state being a major center for tourism, healthcare, and education. The state's healthcare industry is among the largest in the country, with several world-class hospitals and research facilities. Santiago's education industry is also well-developed, with several top-ranked universities and colleges. Tourism is an essential industry in Santiago, with the state being home to many natural attractions, cultural landmarks, and theme parks. The state's beaches, national parks, and historical sites attract millions of visitors every year. Santiago also has a thriving hospitality industry, with many hotels, resorts, and restaurants.
+=== Personal income and taxes ===
+Santiago's median household income is $62,659, meaning it has the 29th highest income in the country, or inversely, is the 6th poorest state in the country. In actuality, the state has low income inequality, and with a population primarily occupying jobs in the agriculture and industrial sectors, its population earns less. This is not to say Santiago has no top earners, but rather, the lower-middle income earners dilute the gaps. In any case, Santiago's residents are still high earners when compared to the world at large.
+Santiago has a legacy tax model borrowed from Verona that does not include a state income tax. Instead, the state offsets this with higher sales tax, at 6% for base state rate, increasable to 8.25%, as well as higher property taxes, though the state average still hovers around 1%. Santiago does have a higher fuel tax, at 42 cents per gallon. Santiago earns large portions of its revenue from agriculture and tourism, thus, it has a very low overall tax burden, despite its location in the country.
+Despite its economic successes, Santiago still struggles with income relative to its neighboring state. The state's median household income, at $62,659, is below the national average, ranking it as the 6th poorest state in the country. However, Santiago's low income inequality means that the majority of its residents earn similar incomes, thus diluting the gap between the rich and poor.
+Santiago's tax model is borrowed from Verona and does not include a state income tax. Instead, the state relies heavily on sales tax, with a base rate of 6% that can be increased up to 8.25%, as well as property taxes. Despite these higher taxes, Santiago still maintains a low overall tax burden, which is primarily due to the state's reliance on agriculture and tourism for revenue. One of the unique features of Santiago's tax system is its higher fuel tax at 42 cents per gallon. This has allowed the state to maintain its infrastructure and improve its transportation network, which is critical for the state's agricultural and tourism industries.
 == Architecture ==
 == Education ==

Santiago: Difference between revisions

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