A Billings investment broker and former radio personality has filed for the Montana House of Representatives.
Pat Stinson is running as a Republican for the seat in House District 21, the west Billings-Laurel area represented for the past eight years by Rep. Dan McGee, R-Laurel, who served as Speaker in the 2001 session.
McGee was prohibited by term limits for running in HD 21. He has filed for Senate District 11, a seat now held by Sen. Ken Miller, R-Laurel.
Stinson, 49, said he wants to stimulate the economy through business growth. Reducing the marginal rate of Montanas income tax will remove the perception of high personal income taxes, he said.
It has become a stumbling block in attracting business, he said. Montanas highest rate on personal income tax is 11 percent. Few pay that amount, however, because Montana tax law allows full deductibility of federal income taxes from state taxable income. The effective rate is about 6.9 to 7 percent.
I feel the tax structure in Montana is unfriendly to business and thereby hurts education, and only perpetuates the cycle of poor economic times for out state.
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Stinson said there should be no sales tax in Montana. Leave that alone, he said.
He said added funding for education should be for infrastructure and that more school closures may have to happen.
Cooperative programs between our educational system and our small business community will provide growth for both sectors, with our children having a greater opportunity to getting high-quality jobs here in Montana, Stinson said.
Stinson is probably best remembered for his UpFront with Pat Stinson radio show on KBLG in Billings from 1993 to 1998. He has operated his investment service since 1985.
House District 21 is bounded on the east by South 24th Street West; on the north by Monad Road and King Avenue West; on the West by 64th Street West; and on the South by the Yellowstone River.