Recap: Who Pays? The Budget Crisis and the Future of Taxes in Wyoming
After decades of relying on mineral extraction to pay for essential government, Wyoming’s long-predicted bust is here, and it’s worse than many leaders anticipated. Now, as COVID-19 deals the state—and the waning fossil fuel industry—an extra blow, Wyoming suddenly finds itself with a $1.5 billion shortfall.
Senator Cale Case, Representative Dan Zwonitzer, House Minority Floor Leader Representative Cathy Connolly, and Institute on Taxation and Economic Policy senior analyst Aidan Davis joined ESPC’s executive director Chris Merrill to explain in stark and candid terms the challenges facing Wyoming as the state grapples with what one panelist called “the worst fiscal crisis in Wyoming’s history.”