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Montana’s Flat Tax Debate | Helena News
Montana’s governor is proposing a sweeping tax overhaul: a flat 4.7% income tax for all residents, eliminating the current two-tiered system. While it promises simplicity and could lure businesses away from higher-tax states, critics warn it disproportionately favors the wealthy—top earners could save thousands—while middle-income families see little to no benefit. The move risks a $130–$140 million budget shortfall by 2029, especially after prior tax cuts already strained revenue. Supporters hope economic growth will fill the gap, but with elections looming in November, lawmakers face tough…
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