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Montana Governor Greg Gianforte targets education, taxes and energy policy in State of the State address

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The income tax cut Gianforte proposed would extend his prior income tax reductions by lowering the state’s top-bracket rate from 5.9% to 4.9% and modestly expand a tax credit benefiting lower-income working families. According to the Legislative Fiscal Division, the top-bracket rate cut would reduce state tax collections by about $350 million a year and the tax credit for lower-wage earners would reduce their taxes by about $20 million a year.
The governor also avoided several significant policy issues during the wide-ranging speech, including abortion, the reauthorization of Medicaid expansion and child care — none of which received specific mention. The governor also did not address state relations with sovereign tribal nations.

 

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