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Montana committee hears debate on House Bill 337 to cut income tax rates
Summary
House Taxation Committee heard testimony for and against House Bill 337, which would lower Montana income tax brackets and expand deduction thresholds; opponents warned the cuts would disproportionately benefit the wealthy and reduce long-term revenue, while the sponsor said the change would produce broad tax relief.
Representative Brandon Lehr, sponsor of House Bill 337, told the House Taxation Committee the bill would lower both income tax brackets and increase the income thresholds for the lower rate.
"We are going to try to lower both brackets of the income tax," said Representative Brandon Lehr, representing House District 33, describing a phased implementation that would reduce the top rate by a half percentage point over two fiscal years and raise the income thresholds for the lower bracket to $100,000 for individuals and $200,000 for married couples when fully implemented in 2027. "Every resident of the state of Montana will get an income tax break."
Opponents, including…
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