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Investment Income Is Soaring

treasurer.state.wy.us

One reason some lawmakers have backed off on their support of tax increases is that Wyoming is making a lot of money from investments.

Unrealized gains sit around $900 million and even the energy industry has had a slight uptick.

State Treasurer Mark Gordon says that it’s true, things are good. But he also tells Wyoming Public Radio’s Bob Beck that lawmakers should be careful about using investment money versus a more stable source of revenue. 

Bob Beck retired from Wyoming Public Media after serving as News Director of Wyoming Public Radio for 34 years. During his time as News Director WPR has won over 100 national, regional and state news awards.
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