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Turk Arrested In Armenia After Massive Heroin Seizure

Turk Arrested In Armenia After Massive Heroin Seizure
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LCCC study: Wyo residents can afford more taxes


Wyoming residents can afford to pay more in taxes, argues an analysis by the Laramie County Community College’s Center for Business and Economic Analysis, citing the state’s 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 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.
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. ....

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LCCC Study Says Wyoming Could Afford Higher Taxes

LCCC Study Says Wyoming Could Afford Higher Taxes
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LCCC Study Says Wyoming Could Afford Higher Taxes


LCCC Study Says Wyoming Could Afford Higher Taxes
A Laramie County Community College study presented to a Wyoming Legislative Committee last week says the state could afford higher taxes without damaging the state economy.
It was presented to the legislature s Joint Revenue Committee on Monday. it comes as the state faces long-term budget challenges that include a roughly $300 million per year shortfall in school funding. While federal COVID-19 stimulus money will more or less bail out the state, for now, it s not a long-term solution.
The study said Wyoming could increase state revenues by about $800 million per year without hurting the state s economy. It says that the easiest path for doing so without creating a state income tax (which is highly controversial in Wyoming) would be to increase sales taxes. ....

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LCCC Study Says Wyoming Could Afford Higher Taxes

LCCC Study Says Wyoming Could Afford Higher Taxes
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