Issue Position: Taxes

Issue Position

If we begin to develop our natural resources again in Montana the revenue from production taxes will provide more revenue to make larger state contributions to our education systems and reduce the burden of property and other taxes on local taxpayers. Montana has twice as much coal as Wyoming, yet Wyoming mines ten times more coal than Montana. Wyoming's production taxes provide almost 1 billion dollars to their state, a number that exceeds Montana's total individual and corporate income tax receipts.

As a CPA with over 30 years of tax preparation experience, I know first-hand how complicated Montana's tax structure is. Our tax code needs to be simplified in a manner that makes it easier for Montanans to file their own tax returns. A simplification of our tax code would eliminate nonessential Department of Revenue staff, reduce the burden on taxpayers, and attract new businesses to our state.

Source