taxes http://wyomingpublicmedia.org en Conservative Group Predicts Strong Economic Growth For Wyoming http://wyomingpublicmedia.org/post/conservative-group-predicts-strong-economic-growth-wyoming <p>Wyoming is one of the easiest places in the country to make money. That’s according to a report by the American Legislative Exchange Council, a conservative advocacy nonprofit.</p><p>The report ranks states based on things like labor and tax policies. Report author Jonathan Williams says those factors can help predict job creation and other forms of economic growth.</p><p>“We find that … states that value competitiveness, lower taxes, and reasonable regulations are the states that are growing today,” Williams said.</p> Tue, 15 Apr 2014 13:54:51 +0000 Willow Belden 56848 at http://wyomingpublicmedia.org Conservative Group Predicts Strong Economic Growth For Wyoming Committee votes to reduce interest rates on unpaid mineral taxes http://wyomingpublicmedia.org/post/committee-votes-reduce-interest-rates-unpaid-mineral-taxes <p>The Legislature’s Revenue Committee strongly supported a bill Tuesday that would lower interest rates on unpaid mineral taxes.</p><p>Currently, if a state audit finds that companies have incorrectly reported their production, counties can levy interest of up to 18 percent on back taxes.</p><p>The bill changes that, pegging interest to current rates, with a minimum of 12 percent and a maximum of 18 percent. Interest rates for companies that discover the discrepancy on their own would remain the same – at 18 percent.</p> Thu, 31 Oct 2013 00:47:37 +0000 Stephanie Joyce 49178 at http://wyomingpublicmedia.org Committee votes to reduce interest rates on unpaid mineral taxes Transparency initiative targets extractive industries http://wyomingpublicmedia.org/post/transparency-initiative-targets-extractive-industries <div style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: 13px; line-height: normal;"></div><div style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: 13px; line-height: normal;">Nearly half of Wyoming is federal land, and the government collects billions of dollars in taxes and royalties every year from industries using that land. But it isn’t always clear where that money goes, and who benefits from it. Mon, 28 Oct 2013 12:56:54 +0000 Stephanie Joyce 49137 at http://wyomingpublicmedia.org Transparency initiative targets extractive industries Legislative committee will look at raising the beer tax http://wyomingpublicmedia.org/post/legislative-committee-will-look-raising-beer-tax <p>The legislature’s Joint Revenue committee will discuss the possibility of raising the state beer tax Friday/Today.&nbsp;</p><p>Beer is currently taxed two cents a gallon, a tax that was established in 1935.&nbsp; Supporters want to raise the tax to pay for underfunded substance abuse programs.&nbsp; Wyoming has the lowest beer taxes in the nation.</p><p></p><p>Riverton Mayor Ron Warpness says communities have trouble finding money to pay for substance abuse programs, and he says that he’s disappointed that the Legislature has frequently scuttled attempts to raise the tax.</p> Thu, 12 Sep 2013 22:39:24 +0000 Bob Beck 46828 at http://wyomingpublicmedia.org Legislative committee will look at raising the beer tax Tripower Resources says they're not responsible for back taxes http://wyomingpublicmedia.org/post/tripower-resources-says-theyre-not-responsible-back-taxes <p>A lawsuit filed by Tripower&nbsp;Resources says the energy company is not responsible for about $885,000 in back taxes from 2008 to 2010. Tripower says it did not own the wells from which these production taxes accumulated during the time period in question. But Campbell, Crook, and Converse Counties have listed the company as tax-delinquent. They’re applying taxes from current production to the owed back-taxes. Converse County treasurer Joel Schell says, according to statute, the current owner is responsible for any unpaid taxes.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> Tue, 07 May 2013 22:58:11 +0000 Irina Zhorov 40421 at http://wyomingpublicmedia.org Tripower Resources says they're not responsible for back taxes Report: Wyoming has business friendly taxes http://wyomingpublicmedia.org/post/report-wyoming-has-business-friendly-taxes <p>A new report says Wyoming has the best tax policies in the nation for spurring job growth.</p><p>The Tax Foundation research group in Washington, D.C., released its annual rankings yesterday&hellip; placing Wyoming at the top of its overall business tax climate index.</p><p>The report authors say the state is especially attractive for prospective employers because it does not levy personal income and corporate taxes&hellip; and the state placed first among all states in the foundation&#39;s income and corporate tax categories.</p> Fri, 27 Jan 2012 01:08:16 +0000 The Associated Press 18749 at http://wyomingpublicmedia.org Report: Wyoming has business friendly taxes