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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Dos Equis on November 26, 2025, 02:10:01 PM

Title: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Dos Equis on November 26, 2025, 02:10:01 PM
If I ever decided to move (which will never happen) Wyoming would be on my short list.  No state income taxes.  Budget surplus.  And now this?  I like it.

Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Wyoming lawmakers advanced five property tax reform plans Wednesday. One of the measures, if passed by the Legislature and the people of Wyoming, would change the state Constitution to eliminate residential property tax altogether.
Clair McFarland
November 20, 2025
https://cowboystatedaily.com/2025/11/20/lawmakers-advance-plan-to-kill-all-residential-property-taxes/
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on November 26, 2025, 02:56:40 PM
Does anyone live in Wyoming?
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Dos Equis on November 26, 2025, 03:01:53 PM
Does anyone live in Wyoming?

Only about half a million.  Least populous state in the country. 
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: chaos on November 26, 2025, 05:38:28 PM
Does anyone live in Wyoming?
It's a nice place to visit.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Irongrip400 on November 27, 2025, 03:48:40 PM
Does anyone live in Wyoming?

I went to Jackson once. It was pretty cool.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Humble Narcissist on November 28, 2025, 07:24:41 AM
I went to Jackson once. It was pretty cool.
Awesome place! The people there probably pay all the taxes for the rest of the state.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Primemuscle on November 28, 2025, 04:38:04 PM
If I ever decided to move (which will never happen) Wyoming would be on my short list.  No state income taxes.  Budget surplus.  And now this?  I like it.

Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Wyoming lawmakers advanced five property tax reform plans Wednesday. One of the measures, if passed by the Legislature and the people of Wyoming, would change the state Constitution to eliminate residential property tax altogether.
Clair McFarland
November 20, 2025
https://cowboystatedaily.com/2025/11/20/lawmakers-advance-plan-to-kill-all-residential-property-taxes/

How does the Legislature plan to fund the cost of the state's infrastructure, such as: public education; public safety; police and fire; infrastructure and roads; and public services? Seems to me they must either cut public services or shift the burden of their expense to other means of tax revenue.
 
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: chaos on November 28, 2025, 05:39:27 PM
How does the Legislature plan to fund the cost of the state's infrastructure, such as: public education; public safety; police and fire; infrastructure and roads; and public services? Seems to me they must either cut public services or shift the burden of their expense to other means of tax revenue.
How was all of that stuff built and paid for before property taxes?
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on November 30, 2025, 04:33:41 PM
What's Wyoming like?

https://m.youtube.com/@NickJohnson/search?query=wyoming
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on November 30, 2025, 04:36:07 PM
How does the Legislature plan to fund the cost of the state's infrastructure, such as: public education; public safety; police and fire; infrastructure and roads; and public services? Seems to me they must either cut public services or shift the burden of their expense to other means of tax revenue.
 

https://wyomingtaxexpert.com/tax/types-of-taxes-in-wyoming-why-its-one-of-the-most-tax-friendly-states/

Wyoming public schools are highly ranked.

https://worldpopulationreview.com/state-rankings/public-school-rankings-by-state
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Primemuscle on November 30, 2025, 05:23:00 PM
https://wyomingtaxexpert.com/tax/types-of-taxes-in-wyoming-why-its-one-of-the-most-tax-friendly-states/

Wyoming public schools are highly ranked.

https://worldpopulationreview.com/state-rankings/public-school-rankings-by-state

Wyoming's school rankings are good. How do you see this changing, if at all, if Wyoming does away with residential property taxes which currently fund the education system.

Wyoming is among the states with the lowest population density - with approximately 6 people per square mile. Do you think this impacts Wyoming's tax system, and does it have a positive impact or negative one?

Wyoming has a very low minimum wage of $7.25 hr. which is the same as the federal minimum wage. The average annual income is $60,610, and median household income is $72,415. Wyoming's cost of living is lower than the national average. The unemployment rate is lower than in many states.

On the surface, Wyoming seems like a great place to live, especially if a low total tax burden is your main goal. However, there are some things to consider if you are considering a move to Wyoming. These are: the harsh climate, limited urban amenities, low population contributes to feelings of isolation, the distance between necessities can be great depending on where you live. For the most part Wyoming provides a rural lifestyle, which might seem like a good thing, but consider that this also means well water, septic systems, and extensive snow removal, (best get a pickup truck with a snowplow attachment because chances are you will be digging your way out during colder months.

I for one have no plans to move to Wyoming anytime soon. I own mineral rights in Wyoming that generate royalties, primarily from natural gas and crude oil.  However, there is no need for me to check on them in person, thank goodness.






 

Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on November 30, 2025, 06:04:43 PM
Wyoming's school rankings are good. How do you see this changing, if at all, if Wyoming does away with residential property taxes which currently fund the education system.

Wyoming is among the states with the lowest population density - with approximately 6 people per square mile. Do you think this impacts Wyoming's tax system, and does it have a positive impact or negative one?

Wyoming has a very low minimum wage of $7.25 hr. which is the same as the federal minimum wage. The average annual income is $60,610, and median household income is $72,415. Wyoming's cost of living is lower than the national average. The unemployment rate is lower than in many states.

On the surface, Wyoming seems like a great place to live, especially if a low total tax burden is your main goal. However, there are some things to consider if you are considering a move to Wyoming. These are: the harsh climate, limited urban amenities, low population contributes to feelings of isolation, the distance between necessities can be great depending on where you live. For the most part Wyoming provides a rural lifestyle, which might seem like a good thing, but consider that this also means well water, septic systems, and extensive snow removal, (best get a pickup truck with a snowplow attachment because chances are you will be digging your way out during colder months.

I for one have no plans to move to Wyoming anytime soon. I own mineral rights in Wyoming that generate royalties, primarily from natural gas and crude oil.  However, there is no need for me to check on them in person, thank goodness.


I highly doubt anyone in Wyoming would want you there.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Primemuscle on November 30, 2025, 06:06:12 PM
How was all of that stuff built and paid for before property taxes?

-Good question. They did not come free. Roads, schools, and other amenities were funded through a variety of mechanisms, including tariffs, excise taxes, community labor, private investment, plus other forms of taxation. Property taxes have been in place since 1684, before the American Revolution and therefore before there was a United States of America.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: GymnJuice on December 01, 2025, 11:10:03 AM
If I ever decided to move (which will never happen) Wyoming would be on my short list.  No state income taxes.  Budget surplus.  And now this?  I like it.

Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Wyoming lawmakers advanced five property tax reform plans Wednesday. One of the measures, if passed by the Legislature and the people of Wyoming, would change the state Constitution to eliminate residential property tax altogether.
Clair McFarland
November 20, 2025
https://cowboystatedaily.com/2025/11/20/lawmakers-advance-plan-to-kill-all-residential-property-taxes/

It’s a fantastic concept, though I suspect it’ll mainly attract big landowners like Ted Turner or people who want to live the ranch life.

Our tax system would be fairer and more efficient if we focused on taxing consumption and use instead of taxing wealth or property people already own.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Dos Equis on December 01, 2025, 01:36:11 PM
It’s a fantastic concept, though I suspect it’ll mainly attract big landowners like Ted Turner or people who want to live the ranch life.

Our tax system would be fairer and more efficient if we focused on taxing consumption and use instead of taxing wealth or property people already own.

Completely agree.  I think Florida is trying to do the same thing. 
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on December 01, 2025, 01:55:06 PM
Florida has the worst ranked public school system in the nation.

Anyone with means there sends their kids to private schools.

This is the case with most of the states with terrible public schools.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Dos Equis on December 01, 2025, 01:56:18 PM
Florida has the worst ranked public school system in the nation.

Which means property taxes are likely having zero impact on the quality of public school education. 
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on December 01, 2025, 01:57:59 PM
Which means property taxes are likely having zero impact on the quality of public school education. 

Not clear on your logic but I must be missing it.

However, the highest per pupil costs are usually found in the worst districts.

Towns that spend the most on education usually are the most affluent with parents who value education.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Dos Equis on December 01, 2025, 02:01:16 PM
Many of the highest per pupil costs are found in the worst districts.

Our largest state budget item is education and our public education system absolutely sucks.  No parent who can afford to send their kid to private schools has their kids in public school. 
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on December 01, 2025, 02:03:52 PM
Our largest state budget item is education and our public education system absolutely sucks.  No parent who can afford to send their kid to private schools has their kids in public school. 

The worst district in my state spends the most per pupil.  This district gets a lot of state aid because it is a poor place.
The place is bad.  Lots of crime, etc. 
But the students are bad too which is the main reason.
Bad environment, bad parents make bad kids.

Prime's state of Oregon has only mediocre public schools ranking 30s out of the 50 states.
His own particular town's schools probably rank ok but the state overall is mediocre.

The schools in my state are funded primarily through real estate taxes.  Wealthy districts collect more taxes from the residents who live in the town. 
The parents value education and the public schools are excellent.
Expensive homes and high property taxes act as a barrier to keep out undesirables.
That's one reason why people spend the money to live in those towns.



Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Dos Equis on December 01, 2025, 03:43:22 PM
Not clear on your logic but I must be missing it.

However, the highest per pupil costs are usually found in the worst districts.

Towns that spend the most on education usually are the most affluent with parents who value education.

I'm saying that property taxes (and tax revenue in general) have not helped increase the quality of public school education.  It is the mismanagement of money, poor policy, misplaced priorities, and the focus on metrics over actually teaching kids how to read, write, do math, etc. that have led to the disintegration of the public school system.  In other words, cutting property taxes isn't going to have some kind of adverse impact on public schools. 
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: IroNat on December 01, 2025, 04:35:14 PM
I'm saying that property taxes (and tax revenue in general) have not helped increase the quality of public school education.  It is the mismanagement of money, poor policy, misplaced priorities, and the focus on metrics over actually teaching kids how to read, write, do math, etc. that have led to the disintegration of the public school system.  In other words, cutting property taxes isn't going to have some kind of adverse impact on public schools. 

Indeed.  Minimally funded Catholic schools provided excellent educations.
Of course they could kick out troublemakers and the public schools can't.
Title: Re: Wyoming Legislators Advance Plan To Kill All Residential Property Taxes
Post by: Primemuscle on December 02, 2025, 04:07:54 PM
Which means property taxes are likely having zero impact on the quality of public school education.

Florida also has low property taxes.. And yet, Florida is looking into eliminating property taxes. Education is funded by a combination of sales tax at the state level and property tax at the local level. Currently, areas in Florida with high property taxes, they may fund as much as 90% of the cost of education, while in areas with low property taxes, they may only contribute 10% of it.