Montana cannot afford devastating budget cuts while providing tax breaks for the wealthy
Last updated 1/11/2021 at 9:53am
The Montana Budget & Policy Center is a nonprofit organization providing research and analysis on budget, tax, and economic issues.
Imagine someone gave you a million dollars and told you to spend $1,000 every day and come back when you ran out of money. You would return in less than three years. If someone then gave you a billion dollars and you spent $1,000 each day, it would take you 2,740 years before it was gone.
That’s how much money the 2021 Montana Legislature is already proposing to cut from the state budget to pay for tax breaks for the wealthiest Montanans. The impact of this...