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WyLiberty Releases Survey Results Detailing Voter Disapproval of Corporate Welfare

• Majority agree:

• Wyoming would be more prosperous if people made own spending decisions;
• Families unlikely to benefit from corporate welfare schemes;
• Private sector better at determining potential of new technology than government;
• Are unwilling to pay higher electricity costs to attract data centers.

•  People of Wyoming say put excess tax revenue into their hands instead of government.

CHEYENNE: Wyoming Liberty Group released the results of a survey today that asked 500 likely voters in Wyoming their opinion on the state government’s use of tax dollars to benefit private companies.

“The people of Wyoming make vastly better spending decisions than politicians and bureaucrats and communities would be better off if money were left in their hands,” said Maureen Bader, Economist and Survey Project Lead at WyLiberty. “The survey results open a door of opportunity for candidates promising accountable government, less bureaucratic control and the elimination of corporate welfare schemes.”

Fifty-eight percent of respondents say it is unlikely their family will benefit when government gives tax dollars to private companies to fund projects that the financial system declines to fund.

“Corporate welfare benefits the politically connected, and voters know it,” said Bader. “Businesses with good ideas can get private funding and don’t need to line up at the taxpayer trough.”

In addition, 73 percent of respondents say private sector companies are better at determining the long-term benefits and potential of new technologies than government, 55 percent are against more subsidies to companies such as Microsoft, and 62 percent are unwilling to pay higher electricity bills to attract data centers to their communities.

“It is not for state legislators to force Wyoming taxpayers to go on risky adventures with unproven projects people are unwilling to put their own money towards,” continued Bader. “Data centers exemplify the hidden cost of corporate welfare as they will undoubtedly drive up a family’s home heating cost, dooming many to fuel poverty.”

Sixty-eight percent say Wyoming should adopt resource dividend to put excess resource revenue into the pockets of individuals instead of government and 59 percent say the rainy day funds collected should be returned to the people of Wyoming.

“Government spending exploded on the back of the resource revenue boom,” said Bader. “Now a bust, potential voters say no to putting the needs of the politically connected over those of individual Wyomingites and instead return the money saved to the people of Wyoming.”

—30—

Backgrounder

For more information, please call:

Maureen Bader, Economist and Survey Project Lead, Wyoming Liberty Group
307-632-7020

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Sunday, 28 May 2017
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