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Taxes

Property Tax Relief A Possibility In Wyoming After 16% Jump Last Year, 36% In Teton County

in News/Taxes/Legislature
Photo by Spencer Platt/Getty Images

Prior to the pandemic, property taxes in Wyoming were rising 3% to 4% annually, according to state figures. But last year, they jumped 16% on average across the state. The increase was much larger in some counties, like Teton County, where it was 36%.

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“Old, Beat-Up Trailer Just Sold For $675,000!” Legislators Wrestle With Soaring Property Tax Bills

in News/Taxes/Legislature
Sen. Dan Dockstader, R-Afton. (Matt Idler for Cowboy State Daily)

In discussing soaring property tax rates which have increased from up to 30% – 50% in his district, Wyoming Sen. Dan Dockstader on Thursday said a “old, beat-up, doublewide trailer on a itty-bitty lot” sold for $675,000 last year

33292 Keep Reading | 2088 words

Barrasso, Lummis Fear $80 Billion In Funding Could Mean Super-Charged IRS

in News/Taxes/Government
Photo by Zach Gibson/Getty Images

Sens. Barrasso and Lummis believe an army of 87,000 new IRS agents funded by President Biden’s $80 billion increase to the agency could wreak havoc on the American taxpayer. They have sponsored legislation which would limit the IRS’ reach.

26714 Keep Reading | 2204 words

Peterson: How to fix Wyoming’s revenue struggles

in Government spending/Column/Taxes
Wyoming Government spending

Wyoming, by our state’s constitution, must have a balanced budget. Some would argue that we do not deficit spend in Wyoming while others would argue that we use the reserves to balance the budget which is, in a sense, deficit spending. From my own simple understanding, when we spend more in a period than we take in, it is deficit spending.

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