Governor's budget includes new taxes on wealthy, marijuana

MATT VOLZ

Associated Press

HELENA — Montana Gov. Steve Bullock proposed Tuesday to create new taxes on the wealthy and medical marijuana in an attempt to bolster state revenues that have stagnated amid a downturn in oil and coal production.

One week after winning re-election, the Democratic governor released a two-year budget plan that would increase state spending by $35 million by mid-2019, which is just 1.4 percent above the current budget.

It would also fund a $293 million infrastructure package, increase tax credits for new and expanding businesses, raise state employees’ wages and pay fo...