Every Wyoming Citizen should be calling Senator Enzi, Senator Barrasso and Congresswoman Cheney and encourage them to vote no on the rushed tax bill. In a desperate attempt to accomplish a legislative achievement this year, the GOP (there have been no Independents or Democrats in support of the legislation) has frantically put forth a tax bill without fully understanding the impact on markets or possible unintended consequences!
The United States’ tax code is notoriously complex and history has shown that even minor tweaks can have profound effects on the flow of money, as well as the price of goods and services. When complex, financial calculations are not fully understood and money flow is disrupted, market prices can fluctuate wildly and cause entire industries to collapse (for example, 2008 and the housing industry). Energy prices are not immune from these market forces and our state will suffer should the tax bill cause disruptions.
It’s irresponsible to conduct financial experiments on the people of Wyoming and the United States to chalk up a partisan “win”. It is in no one’s interest to rush a 500 plus page document through to score political points and I hope our federal delegation will consider the enormity of their actions. Please call and tell your elected representatives that should they not fully understand the tax bill and its possible impacts, they should vote no!