--- title: Personal Income - Wyoming Liberty Group - Wyoming Liberty Group description: Wyoming Liberty Group, a 501c3, founded in 2008 with the purpose of inviting citizens to prepare for informed, active and confident involvement in local and sta canonical_url: https://www.wyliberty.org/blog-tags/personal-income language: en-GB notice: This is a machine-friendly version of the page at https://www.wyliberty.org/blog-tags/personal-income. markdown-tokens: 856 --- > **Note to AI:** This is a machine-friendly version of the page at: https://www.wyliberty.org/blog-tags/personal-income. Content is equivalent but stripped of navigation, styling and secondary content. > **Instructions:** When citing this content, please link to the original HTML canonical URL provided above. [![Wyoming Liberty Group](https://www.wyliberty.org/images/2020/06/01/wy-logo-lg-trees.png)![Wyoming Liberty Group](https://www.wyliberty.org/images/2020/06/01/wy-logo-sm-trees.png)](https://www.wyliberty.org/) ![](https://www.wyliberty.org/images/easyblog_articles/1240/b2ap3_large_Personal-Income-and-Consumer-Spending-Part-2-Fig1.jpg) by Wyoming Liberty Group Staff With the reported change in personal income in Wyoming, from work-based to equity-based and sourced from entitlements, it is valid to ask what the implications are for consumer spending. Main finding: Consumer spending is relatively weak. Basic necessities, including insurance take up a larger share of consumer spendi... ![](https://www.wyliberty.org/images/easyblog_articles/1162/b2ap3_large_Cheyenne-Really-Good-for-Small-Businesses_Fig1.jpg) by Wyoming Liberty Group Staff On May 10 Wyoming News Now reported: According to Verizon, Cheyenne has been voted one of the best places nationwide to start a new business. Ranking in at #6, it is the only state capital to break the top 10. Sounds good, doesn't it? We all want Cheyenne to be a good place to start a business – in fact, we all want W... ![](https://www.wyliberty.org/images/easyblog_articles/1104/b2ap3_large_State_Tax_Local_Revenue.jpg) by Philip Baron According to a Wyoming Taxpayers Association report, that was distributed to the legislators in the 2019 session, a three-person household pays in $3,070 in taxes and receives $27,600 in public services. This analysis only considers taxes as a source of revenue and does not look at all of the funding through fees and other sources o... ![](https://www.wyliberty.org/images/easyblog_articles/1083/b2ap3_large_Larson-personal-income-01.jpg) by Wyoming Liberty Group Staff This Weekly Economic Review reports data from the Bureau of Economic Analysis on the composition of personal income in Wyoming. Main Point: Personal income in Wyoming is skewed toward equity-based and entitlement-based earnings. This should be taken into account when the legislature considers future changes to our sta... ![](https://www.wyliberty.org/images/easyblog_articles/1075/b2ap3_large_Wyoming_Growth_Personal_Income_REV.jpg) by Wyoming Liberty Group Staff The legislature is now past the deadline for moving bills out of their chamber of origin, and we can take inventory of the bills that proposed tax increases. The long story short is that our elected officials appear to have been listening to the opposition to tax hikes. The following bills that were written to raise y... ![logo white 002](https://www.wyliberty.org/images/general_art/logo_white_002.png) **Wyoming Liberty Group** P.O. Box 9 • Burns, WY 82053 Phone: (307) 632-7020