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The practical impacts that the reconciliation bill will have on the cost of doing business in the U.S. are starting to bear out.
 
According to the Tax Foundation, the average top rate on personal income in the U.S. would reach 57.4%, topping the 38 member countries of the Organization for Economic Co-operation and Development (OECD). All 50 states would have top tax rates on personal income exceeding 50%, with Montana at 58.2%.
 
This is disturbing news for business attraction. The reconciliation bill under consideration in Congress will make the U.S. number one in an undesirable category, and we should expect that companies and high earners in position to create jobs and economic development will think twice before committing their investments in the U.S. 
 
More than 250 international employers have operations in Montana, and they are employing thousands of Montanans as a result of their investment. Are the tax hikes in the reconciliation bill sending the right message to them?
 
Contact Montana’s congressional delegation today and urge them to oppose the reconciliation bill.  

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