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Income[edit | edit source]

A means to generate income to cover operational costs is critical to the operation of any state. While recognized nations have a variety of tools at their disposal for this purpose, most Micronations lack the ability to tax a substantial number of citizens.

The Principality of the Hutt River had an economy based on tourism, and when COVID-19 decimated that industry, the micronation fell with it.[1]

References[edit | edit source]