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Committee hears divergent views on SB 203, a proposal to change income tax brackets for middle-income earners
Summary
Senate Bill 203, sponsored by Senator Mike Yakawich, would adjust income-tax brackets with sponsors calling it a middle-class tax cut and opponents warning of large, sustained revenue loss and potential harm to public services; the committee later tabled the bill after executive action.
Senate Bill 203, introduced by Senator Mike Yakawich, would change Montana’s income-tax brackets and provide what the sponsor described as a ‘‘middle class’’ tax cut targeting married households with incomes up to $200,000. Yakawich summarized the plan as simplifying brackets with rates focused on the 60th–90th percentile of earners.
Opponents at the hearing — including…
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