Undertaken every five years, the ‘recalibration’ analysis and reconsideration of Wyoming’s complex public-education funding and expenditures model takes on special urgency and import in 2021.
Hit hard by the pandemic in 2020, economic indicators suggest a pleasant, and much needed, 2021 rebound for the state’s travel and tourism sector.
Wyoming’s mineral-dependent tax structure has long ensured that economic diversification produces a net loss for the state. The pandemic-inspired work-from-home movement is exacerbating the problem.
West Virginia’s politics and economy look a lot like Wyoming’s, but it’s fiscal profile is much healthier because of diversification.
Wyoming has more than its fair share special-interest tax exemptions, and they cost the state millions it can no longer afford.