Joint Revenue Committee

Stephanie Joyce / Wyoming Public Radio

Proposals for generating new state revenue failed to draw much support from the Wyoming Legislature’s Joint Revenue Committee during its meeting this week.

 

The committee rejected proposals to increase taxes on wind energy and tobacco. A bill that would have introduced a sales tax on services also failed and a proposal to repeal some sales tax exemptions was largely gutted. Of the nine sales tax exemptions considered, the committee voted to keep five of them intact.

 

Wyoming’s tobacco tax will remain among the lowest in the nation—at least for now. The Legislature’s Joint Revenue Committee overwhelmingly rejected a bill Thursday that would have raised the cigarette tax from 60 cents to 90 cents.

 

Committee co-chair Representative Mike Madden says the proposed increase would have allowed Wyoming’s tax to keep up with inflation. The last cigarette tax increase was in 2003.

 

Bob Beck

Wyoming is not a big tax state, so it might not be much of surprise to learn that Wyoming’s Beer Taxes are the lowest in the country.  Beer is taxed two cents a gallon and according to the Tax Foundation that amounts to a penny a six pack for a consumer. 

There have been several efforts to raise the tax in recent years, but those proposals are typically dead on arrival.  In a few weeks the Legislature’s Joint Revenue Committee will re-vist the issue as Wyoming Public Radio’s Bob Beck reports.