Sales Tax Drops Statewide
Cheyenne, Wy – Wyoming's sales tax collections have dropped off by almost 12 million dollars. Use Tax collections across the state are down about eight million. State Senior Economist Weinlin Liu blames lower prices for natural gas. However, Liu also notes that consumer spending appears to be up as retail sales taxes were up almost three percent.
And despite the fact that sales tax collections have dropped, overall collections are the second highest in a decade