Great news for our fellow veterans here in Montana, and especially our military retiree friends- you will now see 50% of your military pension EXEMPT from Montana state income taxes.
The Republican Supermajority in the Montana Legislature and Governor Greg Gianforte (R-MT) delivered over a billion dollars in tax relief and tax rebates for Montanans...so when do we get our money? Cue up Jerry Maguire and "SHOW ME THE MONEY!"
Love it or hate it, recreational cannabis is raking in serious cash for Montana's tax coffers. Here's where the nearly $50 million in 2022 tax revenue gets spent.
It seems appropriate to be writing this article the same week in history that Prohibition was repealed. An estimated $37 million in tax revenue has been generated so far this year.
Rep. Bill Mercer (R-Billings) got into "the nitty gritty" details of what a tax rebate could look like on Monday morning. He says the lawmakers who are proposing the tax rebates have modeled the legislation off of what has already been done in the state of Georgia.