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title: Corporate Income Tax - Wyoming Liberty Group - Wyoming Liberty Group
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As legislators face the spending problem in Wyoming, talk of Wyoming's first breed of an income tax still hovers in the air. A bill that failed in last year's session is back with a new name and projected to produce even less than originally estimated. Philip Baron lays it all out for listeners on the Chuck Gray show.
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....
by Wyoming Liberty Group Staff Every time I open the Casper Star Tribune I feel the urge to write another "set the record straight" piece. Just last week I had to correct the Tribune's account on the corporate income tax; this week's exhibit of biased reporting is their July 21 story on government spending reform. The article gives the reader a fir...
by Wyoming Liberty Group Staff On Tuesday, July 9th, Rep. Jerry Obermueller (R - Casper) presented an updated version of a bill known in the Spring 2019 legislative session as The National Retail Fairness Act. This bill presented to the Revenue Committee, is now being called National Corporate Tax Recapture, and, like the previous version, it propo...
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 ...
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...
**Wyoming Liberty Group**
P.O. Box 9 • Burns, WY 82053
Phone: (307) 632-7020