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RS Will Not Move Forward with a 1 Percent General Purpose Tax Ballot Initiative sweetwaternow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sweetwaternow.com Daily Mail and Mail on Sunday newspapers.
Wyoming residents can afford to pay more in taxes, argues an analysis by the Laramie County Community Collegeâs Center for Business and Economic Analysis, citing the stateâs already low tax burden and relatively inexpensive cost of living. The analysis, drafted last December, was presented to the Joint Revenue Committee on May 11 as part of an interim discussion on the stateâs tax structure. It expands on a 2020 Legislative Service Office study that compared Wyomingâs median tax rates to those in surrounding states like Nebraska, Montana and the Dakotas. That study found Wyoming could generate more than $800 million in new revenues per year without hurting its competitiveness with those other states, all of which have seen substantially higher population growth over the last decade. ....
LCCC study: Wyo residents can afford higher taxes The restored Wyoming State Capitol building is seen at night on Feb. 11, 2020, in Cheyenne. (Dan Cepeda, Oil City File) Wyoming residents can afford to pay more in taxes, an analysis by the Laramie County Community College’s Center for Business and Economic Analysis argues, citing the state’s already-low tax burden and relatively inexpensive cost of living. The analysis, which was drafted last December, was presented to the Joint Revenue Committee Monday as part of an interim discussion on the state’s tax structure. It expands on a 2020 Legislative Service Office study that compared Wyoming’s median tax rates to those in surrounding states like Nebraska, Montana and the Dakotas. ....
ROCK SPRINGS After deciding to stop pursuing the 2020 special purpose tax initiative due to the COVID-19 pandemic and economic downturn, the Rock Springs City Council is starting those conversations again for the proposed 2022 special purpose tax initiative. During a special Council meeting tonight, the Council reviewed its 2020 special purpose tax priority list to see if those proposed projects are still viable for the 2022 special purpose tax ballot initiative. Councilor Keaton West, who is the Council’s liaison on the special purpose tax committee, led the discussion. Advertisement - Story continues below. “Obviously, it may not set in stone, but the more prepared we are the better,” West said. ....
CHEYENNE A bill aimed to take a jab at the $300 million education funding shortfall died in the Wyoming Legislature Wednesday after the Senate and House couldn’t come to an agreement. At the start of the legislative session, education funding was a the forefront of concerns with several bills targeting K-12 funds. However, most of those bills failed to advance and attention was placed on two bills in particular: House Bill 173 and Senate File 143. While both bills were designed to make major cuts in education funding, the House bill preserved the funding model as a block grant and included a conditional sales tax to help with revenue, whereas the Senate file did neither. The House did not consider the Senate file for introduction after it passed through the Senate. ....