Tag: Tax

Montana Delegation Introduces Legislation to Repeal REAL ID

U.S. CONGRESS —Senator Steve Daines, Senator Jon Tester and Representative Ryan Zinke today announced that they have formally introduced legislation in the Senate and House repealing federal mandates for driver’s licenses included in the REAL ID Act of 2005. “Montanans have spoken loud and clear: we don’t want REAL ID and we don’t want the federal government infringing on our personal privacy,” Daines stated. “The Repeal ID Act ensures Montanans’ voices are heard and will help strike the right balance that protects our security while also safeguarding Montanans’ civil liberties.” “REAL ID violates the constitutional freedoms of law-abiding Americans and

Daines Works to Provide Tax Relief for Montana Farmers, Small Businesses, Families and Tribes

WASHINGTON, D.C. — On “Tax Relief Tuesday,” Senator Steve Daines spoke out on the need to pass bipartisan, comprehensive solutions that permanently protect Montana families, famers and ranchers, small businesses and tribes from burdensome and uncertain tax hikes. Daines emphasized his continued commitment to working toward reforms that end Washington’s habit of passing last-minute extensions of critical tax provisions and instead provide the long-term certainty needed to generate new economic investment and innovation in Montana. “Our tax code is nearly five times as long as the Bible, but with none of the good news,” Daines stated. “Congress needs to provide hardworking small businesses,

Daines Continues Fight to Block Internet Sales Tax

Daines, Ayotte, Rubio, Lee urge congressional leaders to oppose so-called Marketplace Fairness Act WASHINGTON, D.C. – On Cyber Monday, Senator Steve Daines urged Senate Majority Leader Mitch McConnell (R-KY) and House Speaker Paul Ryan (R-WI) to reject any legislation to impose onerous Internet sales tax requirements that would hurt online retailers in Montana and across the nation.   In a letter to Congressional leadership, Daines joined Senators Kelly Ayotte (R-NH), Marco Rubio (R-FL) and Mike Lee (R-UT) to underscore the detrimental impact that a federal Internet sales tax would have on Montana small businesses that rely on the Internet to grow their businesses

Daines Statement on Double-Digit Obamacare Rate Increases

WASHINGTON, D.C. — Senator Steve Daines today released the following statement on the double-digit Obamacare rate increases for approximately 41,000 Montanans:  “Despite President Obama’s promises, health care premiums are not as affordable for many Americans as he claimed they would be. These steep premium increases make it harder to have access to affordable healthcare and create severe hardships for thousands of Montanans. It’s money that’s no longer in the pockets of Montanans. We need to ensure health care is affordable and accessible for all Montanans, and that starts with repealing Obamacare and its costly mandates, burdensome taxes and senseless regulations.” The average rate

Daines Secures Much-Needed Reforms for America’s Cybersecurity, Postal Service, Financial Services Sector

WASHINGTON, D.C. — Senator Steve Daines today secured provisions to safeguard American’s cyber infrastructure, protect rural postal service, reduce regulatory burdens and help Montana community banks and credit unions better serve their customers.  Daines joined the Senate Appropriations Committee today in approving the FY2016 Financial Services and General Government Appropriations Act. Daines secured key provisions to maintain six-day delivery through FY16 and urge the U.S. Postal Service to make good-faith efforts to either renew postal contract station agreements or find suitable alternatives to serve rural areas. In light of the Office and Personnel Management’s failure to report on numerous occasions

Montana Senators Introduce Bill to Make Indian Coal Production Tax Credit Permanent

WASHINGTON, D.C. – Montana Senators Steve Daines and Jon Tester today introduced legislation to permanently extend the Indian Coal Production Tax Credit (ICPTC). The ICPTC provides a crucial tax incentive to level the playing field for future development of the tribal coal resources that are currently subject to more regulatory requirements than comparable development on private, state or federal lands. The credit protects the economic viability of existing tribal coal mining projects, which support much-needed tribal jobs and provide a major source of non-Federal revenue for coal-producing tribes. “The Indian Coal Production Tax Credit is an essential tool in Montana

Daines Salutes Montana Small Businesses on Senate Floor

Senator Steve Daines today saluted Montana small businesses in recognition of National Small Business Week. During remarks made today on the Senate floor, Daines highlighted the important role that Montana small businesses hold in supporting Montana’s economy and creating good-paying Montana jobs. Daines also outlined many of the challenges facing Montana’s small businesses, and called for reforms that reduce Washington’s regulatory overreach, simplify the nation’s tax code and repeals and replaces Obamacare and its job-killing mandates. Below are key excerpts from Daines’ floor speech: “During ‘National Small Business Week,’ we recognize all of the hardworking Montana men and women who

NBC Montana: MT Republicans push repeal of ‘Death Tax’

MISSOULA, Mont. – On tax day, Senator Steve Daines, (R) Montana, Representative Ryan Zinke, (R) Montana, and the Montana Republican Party touted their support of a bill that would eliminate the federal estate tax. Republicans call it the death tax. In a press release, the Montana Republican Party said the measure would “protect 28,000 Montana farms and ranches from being unfairly punished by the federal government and ensure that future generations don’t face bankruptcy when their family farm is passed down to their children.” However, we did some digging and found that the number of people affected by the estate

On Tax Day, Daines Continues Fight to Repeal Death Tax

WASHINGTON, D.C. – Senator Steve Daines today marked “Tax Day” by continuing his efforts to stand up for hardworking Montanans and repeal the death tax. Daines has signed on as a cosponsor to S.860 the Death Tax Repeal Act of 2015, which would permanently repeal the federal estate tax, commonly known as the death tax. This bill would effectively end a long-standing tax on family farms, ranches, and businesses upon the death of an owner. “On tax day, we are once again reminded that our nation’s tax code places an undue burden and unnecessary hardship on hardworking Montana families, small businesses, farmers and ranchers,” Daines stated. “The death tax is a direct