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by Philip Baron, MBA Wyoming's proposed corporate income tax is back in a new version that was presented at the Joint Revenue committee in Pinedale on September 19, 2019. This bill sponsored by Rep. Obermueller, R – Casper, passed the committee with a 9 – 4 vote. This new version of the bill would tax all businesses with more than 100 shareholders....
Philip Baron, MBA At the Joint Revenue Committee meeting in July 2019, Wyoming lawmakers were presented draft legislation to increase the state fuel tax by 3 cents per gallon. According to the Wyoming Department of Transportation (WyDot), this tax would bring in $20 million a year. WyDot would receive 67% of this revenue, about $13.4 million, and t...
By Philip Baron, MBA A draft bill presented to the Joint Revenue Committee in July of 2019, would allow voters in a city to approve a sales tax increase (up to 1%) for up to four years. Tax increases imposed for a specific project would expire if they collect the amount of funding needed for the project before the four-year time period. Right now, ...
by Wyoming Liberty Group Staff Whenever politicians write bills about taxes and government spending they do so based on a an idea of how government relates to the private sector. This idea is rarely spelled out, and most of the time the politicians themselves are not even aware of how it affects their work. More often than we might want to admit, l...
by Wyoming Liberty Group Staff Of all the spending programs in the state budget, Medicaid is probably the toughest to reform. Half of it is funded by the federal government, with state funds covering the other half. There are a lot of strings attached to the federal funds, making the provision of Medicaid-funded health care a chore for providers (w...
by Wyoming Liberty Group Staff As promised, here is the first installment in a series on why and how to reform government spending. This article addresses the "why" question; in addition to economic analysis, there is a distinct philosophical reason why government should be small and strictly limited. A philosophical examination of the role of gove...
by Wyoming Liberty Group Staff This blog is the first of two on the future of highway funding, here in Wyoming as well as nationally. As we have previously shown here at Wyoming Liberty Group, there are different views on how to fund our state's highway system, especially the interstates. We have presented arguments both for tolling the I-80, and a...
by Wyoming Liberty Group Staff The 2009 recession had a widespread negative impact on every state in the country. Much of the United States is still suffering from the recession now ten years removed, but there is increasing optimism around the country that recovery is occurring. President Trump boasted a 2.6% GDP growth rate for 2018, but not ever...
by Wyoming Liberty Group Staff As I have noted on a couple of occasions now, 2019 is shaping up to be a great year to start reforming government spending here in Wyoming. Two sessions in a row, the legislature has rejected massive tax hikes and even refused to appoint a commission to overhaul our tax system. Time is ripe to talk about spending refo...
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...
**Wyoming Liberty Group**
P.O. Box 9 • Burns, WY 82053
Phone: (307) 632-7020