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Legislature Considers Bill to Reduce Income Tax Rate
Feb 11, 2021
HELENA 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% to 6.75%.
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 income tax rate among its neighbors. However, it is also the only state in the region without a sales tax.
Gov. Greg Gianforte’s Budget Director Kurt Alme said lowering Montana’s income tax would position the state well as it comes out of the pandemic. ....

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