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Property tax relief is a top priority for Senate Republicans this legislative session. I’m sponsoring one such bill, SB 2, which reforms how tax increment financing (TIF) districts sunset – if they ever do – in order to lower property taxes for all local taxpayers. Essentially, the bill rewards taxpayers who contribute to economic development over the span of a TIF project. TIFs are subsidized by taxpayers outside the TIF district over the decades-long life of a project, which increases residents’ taxes and takes money away from schools...
This month, U.S. Senators began the markup of Democrats’ $3.5 trillion budget resolution package. This rubber-meets-road moment seems to have given pause to some in their party whose votes will be needed to get a bill through Congress and across the President’s desk. Among them is Montana’s Senator Jon Tester. The President and the progressive left members of Congress have proposed financing the Administration’s marquee spending bill largely by raising the U.S. corporate tax rate. It is a moral imperative, they say, to make big busines...