Montana looks to attract Oregon businesses with a more favorable tax policy.
Following the passing of the new tax measures in Oregon, Montana Republicans are asking the Department of Commerce to start recruiting Oregon businesses.
While Montana State Sen. Jeff Essmann said the state doesn’t have a perfect tax policy, it does have more favorable incentives for businesses.
Among the advantages, Essmann named Montana’s top marginal income tax. He said it helps small businesses retain capital and reinvest it, making it possible to expand and hire new employees.
“We need to leverage every competitive advantage we can,” Essmann said. “We think now is the time, when we have a need for more jobs — and with small business in Oregon feeling under duress — to advertise the availability and the quality of our work force, and have Oregon businesses take a look.”
Read the full story at the Billings Gazette.
{biztweet}Montana Oregon business{/biztweet}
