Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

Wyoming tax measures fare poorly despite looming deficit

CHEYENNE (AP) — Bills that seek to offset a looming $850 million state budget deficit with new and higher taxes are doing poorly just a few days into Wyoming’s legislative session.

 

February 17, 2018



CHEYENNE (AP) — Bills that seek to offset a looming $850 million state budget deficit with new and higher taxes are doing poorly just a few days into Wyoming’s legislative session.

Friday was the deadline to introduce bills in this year’s session devoted to the two-year budget. Bills unrelated to the budget needed a two-thirds majority to be introduced but several proposed tax hikes didn’t even make it to a vote.

They included new taxes on lodging and real estate transfers and steep increases to existing taxes on wind energy and cigarettes.

Wyoming’s revenue is down amid weak dema...



For access to this article please sign in or subscribe.



 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017

Rendered 06/16/2018 19:23