Montana Public Radio

taxes

BILLINGS, Mont. (AP) — Montana's congressional delegation may benefit financially under the new federal tax overhaul, but caps on deductions from state and local taxes may largely undo those benefits.

Under the measure Congress approved Wednesday, Sens. Jon Tester and Steve Daines would likely save a few thousand dollars, while Rep. Greg Gianforte would likely pay more.

State budgets.
(PD)

Montana is starting to feel the impact of budget cuts that lawmakers approved as a way to deal with the state's $227 million deficit. Here's a roundup of some of our reporting on the state budget cuts so far.

At a town hall meeting in Bozeman Tuesday, state Democrats said the GOP tax plan could worsen Montana’s budget woes.

Montana’s ongoing budget crisis has hit Gallatin County, where state Democrats say schools, mental health and disabilities services could all be affected.

Montana Politicians Divided On Tax Reform Bill

Nov 30, 2017

Democratic governor Steve Bullock released a statement today criticizing the tax reform bill moving through Congress for increasing the national debt without reducing taxes on the middle class. Democratic Senator Jon Tester has already criticized the bill because of cuts to Medicare and Medicaid.

This month Montanans saw bigger property tax bills. That’s because this spring state lawmakers cut block grants to schools in order to save the state $29 million amid the ongoing budget crisis.

The elimination of the block grants to schools was spurred by the state’s more than $200 million budget crisis

UPDATE (2:35 p.m.)

Republican Senator Steve Daines now says he'll support the GOP's tax overhaul.

In a statement released Monday, Daines said he wouldn't vote for the bill in its current form, and that he wanted to ensure small business owners in Montana aren’t being put at a disadvantage by the current tax bill.

Tester Criticizes Federal Tax Overhaul Plan

Nov 17, 2017
Senator Jon Tester.
U.S. Department of Veterans Affairs

Yesterday Republicans pushed a massive tax overhaul through the U.S. House, now a similar plan will be debated in the Senate. Like the House measure, it would slash the corporate tax rate and reduce personal income tax rates for many.

But Montana’s Democratic Senator, Jon Tester, isn’t a fan.

Sally Mauk: Welcome to a special edition of "Capitol Talk" our political analysis program I'm Sally Mauk And I'm joined by University of Montana Political Science Professor Rob Saldin and veteran Capitol Reporter Chuck Johnson.

Chuck, the Legislature met in special session for three days this week to deal with a $227 million budget shortfall. And they've come up with a combination of cuts and transfers and fees to deal with it but not with any new tax increases as the governor had proposed. Republicans of course control the House and Senate, and Chuck they got a lot of what they wanted out of this special session.

Sen. Jon Tester.
PD

Senate Republicans are pushing for a broad tax cut, contingent on the repeal of the law requiring Americans to buy insurance coverage. Montana Senator Jon Tester wants no part of it.

The nonpartisan Congressional Budget Office says eliminating the individual mandate would leave millions uninsured.

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