Montana governor Greg Gianforte proposes tax cut, credits

January 9, 2023 Yagya Shekhar Stimulus Check 0

stimulus checksssss

Montana Governor Greg Gianforte announced a plan to use the state’s $ 1 billion budget surplus to fund tax cuts and credits.

The Governor’s Budget for Montana Families would cut the top income tax rate from 6.5 percent to 5.9 percent, as well as introduce a $1200 tax credit for children under six and a $5,000 adoption credit.

The proposal also includes $500 million in property tax relief.

“I fundamentally believe hardworking Montanans should keep more of what they earn. And with inflation at a high not seen in 40 years, providing Montanans with tax relief is all the more important,” said Gianforte.

The proposal will be formally introduced to the Montana state legislature when it reconvenes in early January.

See Also:  Stimulus Update 2023: Federal Aid Might Not Be Forthcoming, But You Might Still Receive This Windfall

Related Stories:

Dec. 2023 Stimulus Checks: Who is eligible and how much will they get?Montana to Send Tax Rebate Payments of Up to $2,500 Kansas Governor Proposes Tax Rebates Up to $900Kansas Governor Proposes Tax Rebate Up to $900 4th Stimulus Update 2023: Millions Of Americans Could Get Payments From $6.6 Billion PoolStimulus Check January 2023: Thousands To Receive Relief Payments This Month Dec. 2023 Stimulus Checks: Who is eligible and how much will they get?Pennsylvania Governor Shapiro Proposes $1,000 Property Tax Rebate for Seniors Using 11 Billion State Reserve Fund Stimulus Checks Update 2023: These States Continue To Send Payments; Are you eligible?Direct Payments Of $3,284 Will Be Made To Americans – Check If You Are Eligible Stimulus Check August 2023: Montana Residents to Receive Up to $675Stimulus Update 2023: President Biden Proposes Faster Disbursement of Expanded Credits! Stimulus Checks Inflation PennsylvaniaPennsylvania Governor Pushes for $2,000 Payments Child Tax Credits 2023: Under New Plan, Families Might Receive Direct Payments Of $600Child Tax Credits 2023: Under New Plan, Families Might Receive Direct Payments Of $600
Avatar photo
About Yagya Shekhar 171 Articles
Yagya Shekhar is a highly skilled individual who possesses a deep interest in both the legal domain and creative writing. Combining her passion for language and her commitment to legal studies, Yagya Shekhar has successfully balanced her roles as a part-time content writer and a dedicated law student. Yagya Shekhar has always been eager to explore and experiment with various subjects and genres of reading and writing. Despite her fascination with the field of law, she has embraced content writing as an opportunity to broaden her horizons and make valuable contributions in both the fields. With a strong emphasis on excellence and meticulousness, Yagya Shekhar strives to deliver top-notch content that enhances the value of the website. Excited to leverage her expertise, creativity, and enthusiasm, Yagya Shekhar endeavors to create captivating content that resonates with readers, while also making a significant impact in her chosen areas of interest.