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Panel at The Montana League of Cities and Towns pushes new version of local option tourist tax

A Democrat, a Republican and a Chamber of Commerce director walked into a, uh, meeting. Punchline? All three Montanans support a local option sales tax, or tourist tax.

The Montana League of Cities and Towns http://www.mlct.org/ plans to push such a tax harder than ever during the 2009 Legislature, and supporters said Thursday they believe they have a formula that will gain traction and quiet opposition. It includes revenue sharing with areas that don’t bring in tourists and – a biggie – it also includes property tax relief.

“It was the No. 1 issue when I was going door to door,” said state Sen. Jeff Essmann, R-Billings, of property tax relief.

By KEILA SZPALLER of the Missoulian

Full Story: http://missoulian.com/articles/2008/10/10/news/local/news03.txt

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Economist: Cut value of homes

By JAMIE KELLY of the Missoulian

Bailout? Bail out whom?

Prosecute? Prosecute whom?

Political talk is cheap and a $700 billion bailout is expensive, but the financial crisis that looms over the United States and the world would be easily undermined with a single course of action: lower the price of homes.

That’s the opinion of Lester Thurow, a world-renowned economist in Missoula to help celebrate the opening of the UM business school’s Gilkey Center for Leadership, Entrepreneurship and Executive Education and to speak to students about the nation’s ongoing financial meltdown.

Full Story: http://missoulian.com/articles/2008/10/10/news/local/news02.txt

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