Institute on Taxation and Economic Policy

Montana

ITEP Work in Action  

Montana Budget & Policy Center: Tax Credits for Workers and Families

November 23, 2022 • By ITEP Staff

Montana has an opportunity to invest high state revenues to support families and individuals and improve our tax system. State tax credits targeted to those in most need of assistance help Montanans struggling to afford necessities. By expanding the state Earned Income Tax Credit (EITC), establishing a refundable state Child Tax Credit (CTC), and passing […]

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Montana Budget & Policy Center: Policy Basics: Who Pays Taxes in Montana

March 3, 2021 • By ITEP Staff

Our tax dollars serve as shared investments in the programs and services that make our state a great place to live, work, and play. Tax dollars enable Montanans to work together for things we cannot achieve alone like a quality education for our children, the development and maintenance of infrastructure, public safety through police and […]

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Montana Budget & Policy Center: What Proposed Tax Cuts Really Mean for Montanans

February 3, 2021 • By ITEP Staff

The 2021 Montana Legislature has the opportunity to address longstanding inequities in Montana’s tax code that have made life harder for many families. Previous legislatures have chosen to balance the budget by cutting needed services for our seniors, Montanans with disabilities, and those struggling with mental health instead of finding common-sense solutions to fairly increase […]

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Voters Have the Chance in 2020 to Increase Tax Equity in Arizona, Illinois, and California, And They Should

October 22, 2020 • By Marco Guzman

There’s a lot at stake in this election cycle: the nation and our economy are reeling from the effects brought on by the coronavirus pandemic and states remain in limbo as they weigh deep budget cuts and rush to address projected revenue shortfalls.

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You Can’t Tax Stolen Land

April 12, 2019 • By Misha Hill

The Montana Senate this week stopped a bill to restructure the state's temporary tribal tax exemption program, making tribal governments the only sovereignties on which Montana levies a tax and making it more difficult for leaders to buy back illegally seized land. Still, the success of the bill in the House is troubling.

ITEP Work in Action  

Montana Budget & Policy Center: House Bill 300: Sales Tax Proposal Makes Montana’s Taxes More Regressive and Reduces State Revenue

February 5, 2019 • By ITEP Staff

Replacing property taxes with a sales tax is both impractical and unfair for Montana families. HB 300 would make Montana’s tax system more regressive, increasing the taxes paid by families living on lower- and middle-incomes in the state while decreasing the taxes paid by the wealthy. Read more here

ITEP Work in Action  

Law360: Montana Mulls Statewide Sales Tax To Replace Property Taxes

January 24, 2019 • By Meg Wiehe

Montana could become the first state in the nation to eliminate residential and commercial property taxes in exchange for creating a new 2.5 percent statewide sales tax...

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Twelve States Offer Profitable Tax Shelter to Private School Voucher Donors; IRS Proposal Could Fix This

October 2, 2018 • By Carl Davis

A proposed IRS regulation would eliminate a tax shelter for private school donors in twelve states by making a commonsense improvement to the federal tax deduction for charitable gifts. For years, some affluent taxpayers who donate to private K-12 school voucher programs have managed to turn a profit by claiming state tax credits and federal tax deductions that, taken together, are worth more than the amount donated. This practice could soon come to an end under the IRS’s broader goal of ending misuse of the charitable deduction by people seeking to dodge the federal SALT deduction cap.

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Private Schools Donors Likely to Win Big from Expanded Loophole in Tax Bill

December 14, 2017 • By Carl Davis

For years, private schools around the country have been making an unusual pitch to prospective donors: give us your money, and you’ll get so many state and federal tax breaks in return that you may end up turning a profit. Under tax legislation being considered in Congress right now, that pitch is about to become even more persuasive.