Legislature Considers Bill To Reduce Income Tax Rate
For more than two hours Thursday, lawmakers heard testimony from 20 proponents and 18 opponents on Senate Bill 159, which would slash the top income tax rate from 6.9 percent to 6.75 percent.
The bill’s supporters said it would help bring the state more in line with other western states with lower income tax rates, incentivizing business to move to Montana.
Montana has the second highest