Wyoming taxes

One of the property tax bills, HB 39, passed the House on Jan. 28. It would lower the household income threshold for Wyomingites to qualify for property tax refunds. Critics of some of the measures worry about funding for basic municipal services that rely on property tax revenue.

The Freedom Caucus passed its five key bills through the House two days ahead of its self-imposed deadline. Some flew through the process, while others saw heavy debate and amending.

The initiative would slash 50 percent of residential property taxes for homeowners who’ve lived in the state for at least a year. The Secretary of State’s office released a review of the initiative’s 28,700 signatures gathered across Wyoming, finding that it still needs over 1,000 more to be included on the ballot for the 2026 election.

"Wyoming: The Paradox of Plenty" was released in late 2022 and was written by Dave Freudenthal, a Democratic two-term governor who served in office from 2003-2011. It examines the state's tax structure, economic and political history, and how mineral extraction and the energy industry grew to play an outsized role as the state's major economic driver. It also calls into question the notion of Wyoming being an independent, self-sufficient state, among other topics.

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