Another Wyoming tax that hurts us:
Business Personal Property Tax
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Difficult to collect
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Frequently evaded
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Enforcement requires more staff than county assessors
have
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Penalizes capital investment
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Penalizes modernization and computerization
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Companies such as Qwest, AT&T, Union Pacific have
moved capital equipment to states which do not impose this tax
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In telecommunications, this slows installation and repairs,
hurting businesses that rely on phones, Internet
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Discourages entrepreneurship; taxes come long before profits
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Discourages relocation of businesses to Wyoming; they
pay taxes on equipment that's untaxed elsewhere
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Penalizes new businesses which must often forego profits
to build market share
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