Wyoming Liberty Group
by Sven R Larson
Your agenda for the meeting in Thermopolis on August 2-3 is full of proposals to raise taxes and fees on the Wyoming economy. While I don't think anyone expects them all to pass even through your committee, the rich roster of ideas is in itself a source of great concern.
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.
On Thursday April 28 the Bureau of Economic Analysis released its advance estimate of GDP growth for the first quarter of 2016:
Real gross domestic product -- the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 0.5 percent in the first quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 1.4 percent.
The President's State of the Union Address had some whoppers, as others have noted. It did have some things that are true and worth noting. Here for you consideration, a few comments on just the environmental aspects.
Seven years ago, we made the single biggest investment in clean energy in our history. Here are the results. In fields from Iowa to Texas, wind power is now cheaper than dirtier, conventional power.
Maureen Bader and KGAB’s Gary Freeman discuss the sin tax grab, Wyoming’s economic outlook and what to expect in the upcoming Wyoming budget session. Hold onto your wallet! November 20, 2015