Dear editor:
Many of us pay a variety of taxes, but understanding where that money goes can be confusing. Let's break down the destinations of our tax dollars in Wyoming.
Property Taxes: …
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Dear editor:
Many of us pay a variety of taxes, but understanding where that money goes can be confusing. Let's break down the destinations of our tax dollars in Wyoming.
Property Taxes: These stay local, funding schools, fire departments, hospitals and general county operations. However, property tax revenue for public schools is collected and reallocated, with only three counties (Teton, Campbell and Sublette) generating enough to fully fund their own schools. The rest of the counties, including Park County, rely on state supplementation.
Sales Taxes: These go to the state's general fund, which the Legislature uses to finance various state operations. This general fund is also supplemented by income generated by Wyoming’s investments, with about 30% coming from the permanent mineral trust fund.
Fuel Taxes: Revenue from gasoline, diesel, and propane sales is used to rebuild and maintain Wyoming's highways. However, with more fuel-efficient vehicles, this revenue stream is shrinking. You can see from my voting record that I have consistently resisted increasing fuel taxes.
Understanding this breakdown is crucial for informed voting and civic participation. Let's keep the conversation going about responsible taxation and the wise use of our hard-earned money.
Please call or text me at 307-272-0617 if you would like to continue this conversation.
David Northrup
Representative, HD25
Powell