Taxes

Discover why WalletHub places Wyoming in the top 5 states for middle and upper-income individuals.

Those numbers may not be huge but Wyoming may be the next move to hot spot.

One of the measures will send a constitutional amendment before Wyoming voters to create a new residential property class for tax purposes.

House Bill 58 would increase the state wholesale tax in cigarettes from the current three cents per cigarette for five and two-tenths cents. That would raise the state tax on a pack of cigarettes from the current 60 cents to $1.04.

We already don't have to pay state taxes, so at least we have that going for us. But, do we pay more in taxes via other means?

2022 will be an election year, and the legislature will meet in February. What do you think is the biggest challenge facing Wyoming?

The study found that Wyoming sales tax rates are about 2.6 percent lower than the average for other states which don't have a state income tax.

If approved as a constitutional amendment, the bill would apply to both local and state taxes.