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Steve Bullock on Tax Reform

 


$400 personal rebate instead of $100M property tax cut

Let's never allow misinformation to be the motivation for missteps. I propose returning $100 million back to the pockets of Montana homeowners. Others have suggested we should use that $100 million and provide property tax cuts, instead. The difference between the tax rebate and tax cut is simple: who stands to benefit?

Giving $100 million back in the form of a tax rebate will return $400 to everyone with their primary residence in the state. If you take the $100 million and use it to cut property taxes, instead, the average Montana homeowner would receive just $44 this year, not $400. Think about that--it will take 10 years for the taxpayer to get as much money back as they'll get this year with the rebate.

Yet, if you are a company like PP&L, the proposed tax cut would reward you with over $1 million this year alone--23,000 times more than what the average homeowner would receive. If we consider who stands to benefit from our actions, the path we should take becomes clear.

Source: 2013 State of the State Address to Montana legislature , Jan 30, 2013

Other governors on Tax Reform: Steve Bullock on other issues:

MT Senatorial:
Champ Edmunds
Corey Stapleton
Jon Tester

Newly seated 2013:
IN: Mike Pence (R)
NC: Pat McCrory (R)
NH: Maggie Hassan (D)
MT: Steve Bullock (D)
WA: Jay Inslee (D)

Re-elected 2012:
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Page last updated: Jul 02, 2013