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Economics

Follow the money, it's the best basis for transparency and holding our government accountable. Economic theory, government hygiene and government efficiency are tools we must use to limit government size and spending. Without clear understanding of economics and the bottom line, the people won't be served and backdoor deals in government will...

Follow the money, it's the best basis for transparency and holding our government accountable. Economic theory, government hygiene and government efficiency are tools we must use to limit government size and spending. Without clear understanding of economics and the bottom line, the people won't be served and backdoor deals in government will go unchecked.

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The Industrial Structure of the Wyoming Economy


by Wyoming Liberty Group Staff In response to questions from a couple of blog readers, here is a short review of the industrial structure of the Wyoming economy. One reader wanted to know how much each industry contributes to our state's economy; the other asked what industries provide the biggest tax base. These two questions are about the same to...
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Weekly Economic Report: January Jobs by Industry


by Wyoming Liberty Group Staff >>Due to travel, the second part of the report on government revenue has been postpone one week.<< Private-sector employment in Wyoming is up by 5,000 in January 2019 over the same month a year earlier. This 2.4-percent increase is the largest since 2015. The construction industry led the state in jobs cre...
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When Trump’s Tax Cuts Run Out of Steam

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...
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How Can Wyoming Survive A Growing Federal Government?

by Wyoming Liberty Group Staff This year is a great time to discuss the future of Wyoming, especially in terms of what role government should play in our state's economy. On February 22 I proposed a list of topics for this conversation, ranging from comprehensive transparency and efficiency reforms to school choice and free-market reforms in health...
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Where Wyoming’s State and Local Revenue Comes From


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...
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Jobs in 2018: How Did Your County Do?


by Wyoming Liberty Group Staff The Bureau of Labor Statistics is slightly behind in releasing state and county level employment data. We will have state-level numbers for January on March 11 and the February numbers on March 22. We can also look forward to the county-level numbers for the third and fourth quarters of 2018. In the meantime, here is ...
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Wyoming Economy One of the Nation’s Weakest


by Wyoming Liberty Group Staff The Wyoming legislature killed every major proposal for higher taxes, from a sales tax on services and higher property taxes to new special districts with taxation powers and a corporate income tax. This is good news for two reasons, the first being that we may now see a shift in the public conversation about ways to ...
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Weekly Economic Report: Personal Income and Its Components


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...
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“Reclaiming” Our Money: A Tale of Hidden Costs Associated with HB220

Despite the assertions of some of our representatives, Wyoming is not the only state without a corporate income tax.1 Moreover, states are trending away from the corporate income tax. Forbes magazine recently discussed this trend in an article entitled, "2019 Became The Year That Republicans in Wyoming Started Acting Like Democrats In Washington".2...
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What Is the Legislature’s Fiscal Policy Strategy?


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...
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Mailing Address:

1740 H Dell Range Blvd. #274
Cheyenne, WY 82009

Phone: (307) 632-7020