Proposed tax cuts would benefit top earners more than lower- and middle-income residents
Montana Gov. Greg Gianforte talks about his budget proposal in Helena on Wednesday, Nov. 13, 2024. (Photo provided)
If you earn less than $26,700, you’ll see another $39 or so from the income tax cut proposed by Gov. Greg Gianforte, according to a budget analysis from a state policy nonprofit.
On the other hand, if your wallet is fat from a salary of $749,001, you’ll get another $9,577, according to the estimate.
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