Wyoming Liberty Group
The Interim Revenue Committee will meet May 11th and 12th in Saratoga. On their agenda is yet another proposal to shrink revenues, a Gross Receipts Tax [GRT]. It would also shrink the Wyoming economy and – to kill three birds with one stone – shrink your wallet! They may not notice the thing about shrinking your wallet by an estimated $800 to $1000 dollars a year [about $3,600 for a family of four in direct and indirect costs], but you’d think they would notice the part about shrinking revenues, being the Revenue Committee and all.
Economy Demonstrates Real-Life Impact of Proposed Changes to Sales Tax
February 9, 2017 Cheyenne, WY - On Thursday, Wyoming Liberty Group released its timely reports on Wyoming's fiscal and economic problems as demonstrated by a sophisticated new dynamic model of Wyoming's economy.
Boyd Wiggam and Gary Freeman discuss opportunities for state and local governments to expand economic opportunity and limit taxation including “Special Districts” reform legislation, the Transportation Network Companies bill, and a local government’s Fight the Blight Task Force.
Boyd Wiggam and Glenn Woods discuss economic liberty and the Transportation Network Companies bill before the Wyoming legislature that would allow internet-based, ride sharing companies like Uber and Lyft to operate in Wyoming.
We have discussed how Wyoming’s alcohol regulatory system limits new small business opportunities without effectively deterring destructive behavior attributable to alcohol. The state rankings of alcohol abuse measured by DUI arrests per capita and binge drinking rate highlight some similar rural states that have combined market-friendly liquor licensing with lower levels of alcohol abuse.
West Virginia and Utah are the only two among the ten most responsible drinking states in both binge-drinking and DUI measures. Wyoming isn’t top ten in either. Unfortunately, Wyoming tops the chart in one category – drunk driving arrests per share of population. Therefore, market-oriented liquor license regulations in West Virginia or Utah do not necessarily lead to more irresponsible or dangerous behavior than exist under Wyoming’s current licensing regime.
Wyoming’s disturbing rate of alcohol-related calamity is no secret. Two ways to measure alcohol abuse among adults are to look at DUI arrests per capita and binge drinking rate. These measures show Wyoming leads the nation in DUI arrests per capita and is in the CDC’s second tier of states (out of three tiers) for binge drinking prevalence. Based on these data points, Wyoming’s system for regulating the alcohol market appears to be ineffective in deterring destructive behavior attributable to alcohol.