Letters to the editor April 8
Tax changes
As lawmakers in Washington discuss potential changes to the 2017 tax law, it’s important for them to consider the implications for states like Montana. Proposals to increase taxes on carried interest may seem like they only impact Wall Street, but in truth, they could negatively affect the investment flow into the businesses that are vital to Montana’s economy.
Carried interest plays a vital role in promoting long-term investments in small businesses, infrastructure, and innovation, which are essential for growth in a rural state like Montana. If Congress decides to increase taxes on this type of investment income, it could create challenges for Montana businesses in securing the capital they need to grow, hire, and strengthen our communities.
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