taxes

Members of the far-right Arizona Freedom Caucus want to ban any future possibility of a tax on miles driven, a measure that some states have explored to replace falling revenue from gasoline taxes.

State coffers continued to hemorrhage money in December, driving Arizona’s revenue shortfall to more than $480 million below what was expected just six months earlier.

While the governor's new task force on property taxes will include commissioners from several Montana counties, the invite wasn't sent to Missoula County, even after it volunteered one of its own to the group.

A judge in Helena last week struck down a newly passed cumulative fee on marijuana dispensaries in Montana that a group of dispensaries sued over last year.

Eli Steinberg writes, "Not only does the LVT slash the taxes that working Montanans pay, but furthermore, the LVT, unlike almost every other tax, directly incentives economic development,"

Soaring home values have increased property taxes for millions of homeowners in recent years, prompting action from state lawmakers to lighten the burden.

Fifty-four Republicans supported the special session proposal, along with one Democrat. But 31 Republicans and 36 Democrats opposed it.

Owners will have to pay roughly an additional 17 mills to make up the difference. That amounts to about $70 on a $300,000 home.

California lawmakers will return to Sacramento in a few days for the 2024 legislative session, tackling an estimated $68 billion deficit — along with high-profile issues like homelessness and the fentanyl crisis — in what’s expected to be a contentious national election year.

Back in 2021, the Montana Legislature approved a major overhaul to the state income tax structure, with the most significant adjustments set to take effect at the start of 2024.