After the announcement that Magic City Blues will indeed be held in Billings this summer, promoters reported being flooded with requests for tickets from all across the country.

Magic City Blues will be celebrating its 20th Anniversary with three days of perormances on August 5, 6 and 7 in downtown Billings. The urban music fest will feature Willy G, Mike Farris, Jessica Eve, Free Spirit Soul, Anthony Gomes, Keb’ Mo’, Karkin Poe, Daniel Kosel & Madrona Road, John Roberts Y Pan Blanco, Kevin Burt, G. Love  The Juice and Samantha Fish.

Music fans will be arriving in Billings for the event from Alaska, California, Colorado, Delaware, Florida, Georgia, Idaho, Missouri, as well as from dozens and dozens of towns throughout Montana.

For details go to  www.MagicCityBlues.com

Governor Greg Gianforte extended the payment and filing deadlines for Montana individual income taxpayers’ 2020 tax returns to May 17, 2021. 

“Last year brought real, serious challenges to Montanans, and it’s only appropriate to extend the deadline so Montana taxpayers have some extra time to file, without having to worry about interest or penalties,” Governor Gianforte said. 

The May 17 deadline is in keeping with the new federal filing deadline.

The Department of Revenue advises that the American Rescue Plan Act excludes the first $10,200 of unemployment benefits from federal taxes for those making less than $150,000. Those who have already filed their federal and Montana tax returns do not have to amend their returns. But those who received unemployment benefits in 2020 and have not yet filed should follow the revised instructions for their Montana return at MTRevenue.gov. 

By John R. Lott Jr. and Thomas Massie

There were so many lies in Vice President Kamala Harris’ and President Joe Biden’s presentations on guns Thursday that it is hard to know where to start. One thing is certain, though: The media fact-checkers won’t question their claims. Here are just a few of the false ones:

>The background check system “has kept more than 3 million firearms out of the hands of dangerous people.”

Since the Brady background checks began in 1994, there have been 3.5 million initial denials. However, it is one thing to stop a felon from buying a gun. It is quite another to stop a law-abiding citizen from buying a gun just because his or her name is similar to a felon’s. In 2017, for example, there were 112,000 initial denials for supposedly attempted prohibited purchases, but just 12 federal prosecutions by June 2018. The reason is that these weren’t real cases.

The background check system is a mess, with the mistakes primarily born by minorities through no fault of their own. The error rate for black males is three times their share of the population.

>The Charleston Loophole

Biden says that if there had only been more than three days to check Dylann Roof’s background, Roof would have been stopped from buying a gun, thereby preventing the horrible Charleston, S.C., church shooting. But that is a lie. You can’t buy a gun if you have a felony or certain misdemeanor convictions, or if you are arrested but not yet convicted of a crime with a possible prison sentence of at least one year. Since Roof’s arrest was for a misdemeanor drug offense, which had a maximum possible sentence of six months, a longer waiting period would not have blocked his gun purchase.

If Democrats want to change the law so that any misdemeanor arrest prevents gun purchases, this would at least be related to the Charleston case. But Democrats want to impose up to a 30-day waiting period without explicitly stating that is their real aim. If they want a long waiting period, they should make a case for why this would somehow be desirable. Instead, Democrats pretend that their proposal would have stopped the Charleston shooting when their actual goal is to obtain a long waiting period.

>Biden said that gunmakers are “exempt from being sued. … This is the only outfit that is exempt from being sued.”

The president claims this is the top change he wants. In fact, however, if gunmakers make defective guns, you can sue them. Likewise, if they break the law (e.g., sell a firearm without a background check), you can sue them. Biden’s proposal is very different from current law. He wants gun manufacturers held civilly liable for misuse of guns they sell. This would allow lawsuits against manufacturers and sellers whenever a crime, accident, or suicide occurs with a gun. The straightforward result would be to put gunmakers out of business.

Imagine what would happen to the car industry if similar rules were applied. The National Safety Council estimates that 39,404 Americans died and 4.5 million were injured from car accidents in 2018. Cars are also frequently used to commit crimes.

>“The vast majority of Americans believe there should be [universal] background checks.”

Gun control advocates frequently claim that over 90% of Americans support background checks for private transfers of guns. Yet, the last time such laws were proposed to voters, they rejected them. When Michael Bloomberg got universal background check initiatives onto Maine and Nevada’s ballots, for example, he lost in Maine by four percentage points and won in Nevada by just 0.8 percentage points.

This tough sledding wasn’t for lack of money. In Maine, Bloomberg outspent his opponents by over six times. In Nevada, he spent an incredible $35.30 per vote – three times more than his opponents. If over 90% of Americans supported these laws, this type of spending would be unnecessary.

He blamed the “historic spike in homicides” on the lack of gun control laws.

No sudden change in gun control laws caused last year’s spike in homicides. Instead, the real explanation is simple, and something Biden refused to consider: prisons released a large number of inmates because of COVID-19, politicians ordered police to stand down, police department budgets were cut, and prosecutors refused to prosecute criminals.

>In describing mass public shootings, Biden said that gun violence in this country is an “international embarrassment.”

The president might not follow international news closely, but mass public shootings are much more common and deadly in the rest of the world than they are in the United States. The U.S. contains 4.6% of the world’s population, yet accounts for only 1% of the world’s shooters. Over the last decade, Europe has experienced deadlier mass public shootings than any of those in the U.S. — ever. In November 2015, for example, 130 people were shot to death at a concert in Paris. In July 2011, 67 people were shot to death in Norway. European countries such as France, Finland, Norway, and a number of Eastern European countries have higher per capita death rates from mass public shootings than the United States does. Yet, all of these countries have stricter gun control laws than we do.

These are just a few of the false claims made on Thursday. No, the rules for buying guns at gun shows are no different than buying them anywhere else. And no, when guns are unavailable neither the suicides nor the suicide attempts drop. Unfortunately, the liberal fact-checkers – as usual – are nowhere to be found.

John R. Lott Jr. is the president of the Crime Prevention Research Center and the author most recently of “Gun Control Myths.” Until last month, Lott was the senior adviser for research and statistics at the U.S. Department of Justice’s Office of Legal Policy. He now lives in Montana.

Thomas Massie is a Republican member of the House who has represented Kentucky’s 4th Congressional District since 2012

Underriner Motors has partnered with United Way of Yellowstone County to raffle off a 24- month lease for a 2021 Hyundai Elantra SEL. The winner will be drawn on May 13 at 4 pm. Proceeds generated from raffle ticket sales will go directly to United Way of Yellowstone County’s Community Fund to help improve the health, education and financial stability of every person in Yellowstone County.

“Our raffle partnership is just one example of the enormous impact Underriner Motors generosity has made in Billings. Through the years, the Underriner’s have made a positive difference in so many people’s lives,” said Kim Lewis, President and CEO of United Way of Yellowstone County. 

Raffle tickets are for sale for $25 per ticket or three for $60 and can be purchased at: www.uwyellowstone.org/60bdayblowout, United Way office, Underriner Motors, and select Billings Federal Credit Union locations. There will also be several opportunities to purchase tickets in person leading up to the May 13 drawing, follow the UWYC Facebook page for up-to-date information.

“There’s nothing that feels better than to help people who are truly in need, and to make a major impact on their life, and United Way of Yellowstone County has changed thousands of lives.  We are happy to help them celebrate 60 years of impressive community impact,” said Blake Underriner, Managing Partner of Underriner Motors.

The Drive United car raffle is part of a massive Birthday Blowout celebration planned by United Way.  Other activities include: 60-Minutes volunteer opportunities, a diaper drive in partnership with Family Promise of Yellowstone Valley, collecting 60 pints of blood and an online auction.

Yellowstone Bank  ranked as the top in the country among 2020’s best-performing community banks with less than $3 billion in assets, by S&P Global Market Intelligence. The number one ranking is a 32 spot jump over their 2019 ranking.

S&P Global Market Intelligence reported, “Founded over a century ago, the bank has established itself as an active commercial, agricultural, and real estate lender in Montana with eight brick-and-mortar branches and one facility operating across six different cities. Yellowstone Bank was highly profitable during 2020, yielding a return on average tangible common equity, or ROATCE, of 21.4% while also growing operating revenues to 36.2% year over year.”

This Yellowstone Bank and other community banks accomplished during a most difficult year, underscored S & P Global. “Despite going through a challenging year filled with economic uncertainty, we have seen community banks and credit unions play a significant role in their regional markets, providing support and essential services needed in their local communities. I’m thrilled to see these community banks and credit unions thrive in a challenging time and proud to recognize these top performing local financial institutions in our annual rankings,” said Jimmy Pittenger, Senior Director of Financial Institutions at S&P Global Market Intelligence.

Among larger banks, United National Corp. earned the top spot among the best-performing community banks with assets between $3 billion and $10 billion. This Sioux Falls, S.D.-based bank outperformed the industry median in four of the six ranking metrics analyzed and achieved the highest net interest margin among the top 50 banks in the group at 18.84%.

This year’s top performing credit union designation was awarded to Philadelphia’s Police and Fire Credit Union. The 82-year-old credit union outperformed the industry median in all five ranking metrics. In addition, the credit union saw an 11.6% increase in member growth year over year while its delinquency ratio fell to 0.18%, down 13 basis points from year-ago levels.

The proposed tax increases in the Biden administration’s infrastructure plan could lead to 1 million fewer jobs in the first two years, according to a study conducted by Rice University economists for the National Association of Manufacturers. Economists calculated the effects of increasing the corporate tax rate to 28%, increasing the top marginal tax rate, repealing the 20% pass-through deduction, and eliminating certain expensing provisions would cause large negative effects for the economy. The worst of these would include:

* 1 million jobs lost in the first two years;

* By 2023, GDP would be down by $117 billion, by $190 billion in 2026 and by $119 billion in 2031; and

* Ordinary capital, or investments in equipment and structures, would be $80 billion less in 2023 and $83 billion and $66 billion less in 2026 and 2031, respectively.

The study also notes the following:

* Investments in intangibles, or “firm-specific capital,” are highly mobile and more sensitive to marginal tax rate changes. Such investments would fall 2.7% by year two and would be down a total of 3.8% by year five.

* The average annual reduction in employment would be equivalent to a loss of 600,000 jobs each year over 10 years.

* Real wages would fall by 0.6% in the long run, and total labor compensation, including wages and benefits, would decline by 0.6% initially before falling by 0.3% after 10 years. In the long run, total compensation would also decline by 0.6%.

S&P Global Market Intelligence has released its annual rankings of 2020’s top-performing community banks. Stockman Bank was once again ranked in America’s top 50 performing community banks with assets between $3 billion and $10 billion, moving up from last year’s rankings.

 “We are again honored to be recognized nationally for exemplary financial performance, sound practices and focused management,” stated Bill Coffee, Stockman Bank CEO. “During 2020, clearly a challenging year in many ways, our team adapted on a moment’s notice, finding new ways to serve our customers and communities without compromising excellence. I am proud of their flexibility and dedication. We have the best team in our 68-year history.”

To compile these ranking, S&P Global Market Intelligence calculated scores for each bank based on six metrics, including return, growth and credit quality. S&P Global is the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets.

Dick Anderson Construction announced that Nolan Smith has been promoted to the position of Project Manager within the Billings location. 

Nolan joined DAC Billings in June 2018 and has been our Project Engineer on Northwest Pipe Fittings, Denny Menholt Nissan, Crowley Fleck renovations and will now be our Project Manager for the Laurel Fairfield Inn and Suites project underway this April.  He is noted as a very dedicated and  hard worker and is a great contribution to the Dick Anderson Construction team.

Whether we realize it or not, garbage is an important thing to us.  If it wasn’t, we wouldn’t make so much of it!  And all that garbage is generated by us freely acquiring goods in an incredibly competitive free marketplace, where choice is everywhere and the consumer is king.

Can you imagine living in a place where there was no choice among goods or services?  One brand of car.  One brand of clothing.  One doctor.  One barber.  One sewer service.  One garbage collector.  Stop right there – because in many if not most Montana communities, there is but one brand of garbage collection to choose from, which means no choice at all.  The cost and quality of that service is locked in, and cannot be influenced by consumer choice. 

There is probably no single area of government monopoly creation that is more harmful and less logical than in the Class D garbage collection industry, where state law puts potential competition through a near-impossible certification process at the PSC.  Under the pretention of “consumer protection,” monopolies and near-monopolies are effectively established in almost every Montana community, by slamming the door to market entry and abrogating Montanan’s fundamental right of private enterprise.  It is government protectionism at its worst, inevitably resulting in much higher prices and lower quality service than would exist in an active, open, competitive marketplace.  Every consumer suffers, while a small number of coddled and protected companies reap inordinate profit, by avoiding competition and shedding normal business risk. 

The protected industry, benefitting with its often obscene profit margins, will bring forth a flood of sophisticated-sounding arguments, of course.  For example, they will argue that “uncontrolled competition” destabilizes the market and threatens the quality and reliability of service to the public.  They will warn that “upstart operators” might dump their trash in ditches and on public land, and on and on.  I have heard all these claims and more before the PSC, and I am here to tell you that they are unmitigated nonsense.  I have yet to see one scrap of evidence that proves their arguments.  How can there be?  They are arguing against the role of competition itself.  

How much are Montana trash haulers in monopolized markets over-charging their captive customers?  Because the PSC does not regulate their rates, complete information is not available.  But as an example, it was revealed during one of the PSC’s application dockets that Republic Service’s 2014 Montana Annual Report showed an eye-popping statewide average profit of 41 percent.  This compared with record testimony showing Oregon’s profit margins averaging 8 to 10 percent. 

Monopolistic companies are not, by definition, bad providers.  They are simply creatures of the market conditions under which they operate.  If there is no competition to drive down rates, there is much less incentive to keep rates low.  The function of price signals in the marketplace is removed.  Likewise, if there is no threat of losing market share to another carrier, there is less reason to vigorously pursue a consumer’s business with new offerings, better deals, etc.  Where else can that consumer go?

Rep. Caleb Hinkle’s HB 338 would put an end to these state-sponsored monopolies, but incumbent garbage companies, having a strong vested interest in the status quo, are sure to wage a vigorous, fear-mongering campaign to kill the Hinkle bill and maintain their privileged position. The consumers, as usual, will be underrepresented at the legislative hearings. 

 Who are these consumers?  They include not only every homeowner, but most every landlord, manufacturer, service business, retail business, school district, college, university, local government, and just about every other entity that produced solid waste.  All of them deserve the best possible service at the lowest achievable cost.  They will never see that happen in the absence of industry competition, where monopolies are government-created but not government regulated. 

The stakes could not be higher.  Let’s replace senseless monopoly with consumer choice and economic freedom.  HB 338 is the answer.

Roger Koopman recently retired from the Public Service Commission, having represented PSC District 3 for 8 years.  He has also served two terms in the state House of Representatives from Bozeman

With marijuana legalization and pension reform on Montana’s policy agenda, the Reason Foundation provided some suggestions to the state legislature about how to best utilize the tax revenues the state gets.

 Reason’s policy experts provided testimony on Montana’s proposed recreational marijuana bill, House Bill 670. Their comments to the Taxation Committee suggested that marijuana tax revenues be used to pay down pension debt and noted HB 670 wisely aims to “pay for obligations already on the books, while avoiding adding future obligations via new programmatic spending.”

Reason Foundation is an extension of Reason Magazine, published since 1968 advocating “free minds and free markets” covering politics, culture, and ideas through news, analysis, commentary, and reviews from a libertarian perspective.

 Reason’s experts have helped a number of states establish and improve medical and recreational marijuana markets, putting together best practices and recommendations to help lawmakers create safe and fair marijuana regulations. Likewise, their pension analysts have developed gold standards outlining how states can update public pension systems to something more sustainable for employees and taxpayers.  

Reason Foundation’s solvency analysis of the Montana Public Employee Retirement System finds that under typical economic conditions over the next few decades the pension system’s $2.1 billion in debt could grow to $4 billion—doubling the amount Montana expects to spend on the pension plan over the next 30 years. The study also shows how overly-optimistic investment return assumptions are driving the debt, adding $1.3 billion in unfunded liabilities to MPERS since 2001.

Similarly, Reason’s recent analysis of the Montana Teacher Retirement System details why the pension plan serving the state’s educators has nearly $2 billion in debt and only 68 cents of every dollar needed to pay for its promised retirement benefits.