As the reality of coal revenue’s irreversible retreat sets in, discussions of how to otherwise fund state government grow more prominent, somber and difficult.
corporate income tax
Corporate income tax would have helped fund public schools, but many state senators decided their own reelection campaigns were more important.
In an exclusive interview with WyoFile, the governor discussed budget fights, education funding, a corporate income tax and tribal liaisons.
A constitutional amendment from 1973 that has long forestalled income taxes ironically makes HB220 — a brilliant piece of legislation — politically viable.
Nearly every leading lawmaker is backing a bill to raise $45 million a year for schools by imposing income tax on out-of-state corporations