Comment on Today’s Ranking of Montana

Date: October 28, 2014

HELENA, Mont., Oct. 28, 2014—The nonpartisan Tax Foundation today released its 2015 State Business Tax Climate Index, and the annual report ranked Montana 6th best in the nation. But the state director for Montana’s largest small-business association cautioned state policymakers against getting too complacent.
The index measured a state’s corporate taxes, individual income taxes, sales tax, unemployment insurance tax and property-tax rank to come up with an overall score. Montana came out No. 6 in the nation. “The absence of a major tax is a common factor among many of the top ten states,” wrote the index’s authors.
“Yes, we have no sales tax,” said Riley Johnson, Montana state director for the National Federation of Independent Business, “which is the biggest reason for our high ranking, but I’m very pleased to see the other index components trending nicely: 8th in property tax rank; 18th in unemployment insurance taxes and in corporate taxes; and 20th in individual income taxes. These improved numbers are the result of a lot of work by a lot of people over the past years, and we all need to re-double our efforts to prevent any backsliding on them. Although it’s not measured by this index, our struggle to get a grip on our workers’ compensation system will also pay dividends to our state’s economy in the coming years. All in all, the Tax Foundation’s Index is fair to good news, but a little more spade work is needed.”
With 350,000 dues-paying members across the nation, including more than 5,800 in Montana, NFIB is the nation’s largest and leading small-business association. More information about small business, especially its difference from big business, can be found in this media kit with brief, single pages of bulleted information.
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For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.
National Federation of Independent Business/Montana
491 South Park Ave.
Helena, MT 59601
406-443-3797

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