November 30, 2016

Montana Budget & Policy Center: Montana’s Individiual Income Tax

ITEP Work in Action

Prior to the tax cuts implemented in 2003, Montana had ten different income brackets, with each higher income bracket paying a slightly larger share of their income in taxes (Appendix A). In this old structure, the lowest income bracket paid 2% of their income in taxes, while the highest bracket (applying to incomes over $102,000, adjusted for 2015) paid 11% of that income in taxes.

Read more here