Gianforte signs 3rd income tax cut bill of his administration
New law lowers the top income tax rate, expands the income threshold for the lower rate, and doubles the Earned Income Tax Credit
income taxes
Harmon’s Histories: ‘Wild horses’ of Congress enacted 1st income tax
An editorial in the Missoulian newspaper on January 11, 1894, asserted that President Grover “Cleveland has managed, by willpower, cajolery, and patronage, to absolutely control the Democratic majority.” Still, a personal income tax won the day.
Lawmakers consider options for cutting Montana income taxes
One measure would lower the top income tax rate from 5.9% to 5.4%, and it would raise the limit on the bottom bracket to $100,000 for individuals and $200,000 for joint filers.