Montana currently has seven tax brackets, based on levels of income – with a different tax rate for each, ranging from 1% on the lowest bracket to 6.75% on the highest. Under the new law, that will be reduced to two brackets, with a 4.7% lower rate and a 5.9% higher rate. TheMont...
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Montana's personal income tax contains seven brackets, with rates ranging from 1.0 to 6.9 percent. Montana has no sales tax, and household goods are exempt from property taxes. However, property taxes are assessed on livestock, farm machinery, heavy equipment, automobiles, trucks, and business eq...