The Takeaway: Montana's 2025 property tax reform succeeded by creating a "Homestead" rate that cuts taxes for residents while shifting burden to second-home owners. Colorado's 2024 attempt failed because it tried to reclassify short-term rentals as commercial properties — a 400% overnight tax hike that
The Great Divergence: A Comparative Analysis of "Two-Tier" Property Tax Reforms in Montana and Colorado (2024-2025) Executive Summary The fiscal landscape of the American Mountain West has undergone a seismic shift in the post-pandemic era, driven by an unprecedented decoupling of local wages from residential property values. This
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