The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-03-23
Montana Doesn't Need A.
Continued From Page One)


Continued From Page one)
Equazations recommendation that pay
ments be eliminated deduction when figuring State income
taxes The other gslate substantial upward adjustment
IN income tax payment schedules
The State Boards recommendation deserves most exhaus
tive Legislative investigation in order to determine whether
dsalowlng the Federal deduction will bring in major
portion OF the needed Elimination of this deduction
would in no wise upset the principle but would
materially increase Cor the ro the State tax
sponbi of the several thousand Montanans in higher in
brackets who proportion their incomes
little toward the maintenance of State Government
The second aernatve-to increase State income taxing
schedules easier method of adjusting the income tax to
meet the necessary revenue demands of government
is this Editors considered Judgment that realistic State
general fund budget for the 196365 bennum should at
minimum, be in the neghborhood of 500 million. This in
round figures, represents $25 million increase the
rent biennu 1t breaks down. $12 million (usng Montana
Association fgures) public schools
So million for the University System and another SIS mil
lion for the cusoda and other governmental services and
functions.
To the major this could
be doubled and yet Montana and salary would
only about 70 per much their fellow
earners in the State of Oregon.
This doubling proposal may sound drastic 1t u.s. in the
ALL FAIR proposition ALL income
concerned and will bring upwards of $22 million of the
estimated $25 million mentioned above.
would affect wage salary Three
ampes along with estimate what general sales
alternative would should suffice to illustrate some
degree:
with wife and two children and income of $780, today
pavs approximately S21 90 wear or about ST. rs month
Tax If his doubled it would to
$3.50 month However general two sales were
enacted addition his $21 income tax he
would pay, estimate, $96 year State
tax Instead of $3.50 by higher income tax his total
would amount to $11 a month.
g. A construction worker with wife and two children and
of 1886 Chased UCC 1861 recap, currently
pays State Income Tax of about $780, 1926 month
His income tax doubled would amount to approximately
$500 $3.50 month sales enacted
he would in addition his $4,000 year income
probably $110 sales Instead of $3.50 month
his total state tax would amount to $1225 month.
g. skilled craftsman with wife and three children and
Income Tax, 81 II month Doubled he'd pay 500 year
1888 month With the two cent sales he'd
addition to his $50 state income least $40
sales Instead of monthly state contribution of
1888, the bite on him would be $16.25 month
The State Income Tax the ONLY equitable
from individuals the additional millions of dollars
catonal other increased And
than threequaers of Monanas 217388 income
substantially less outlay for than would
the negotiable general sales tax.-HLB
$27 the fellow
he would would slightly
member of his family Nationwide studies would indicate
higher
paid small purchases purchases involving
fractional the egavy stipulated sales whether
three four cent, =