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Should Maryland give a $50M bonus to military retirees?

February 20, 2023

U.S. military richly deserve not just the nation’s thanks, but, whenever possible, financial benefits from retirement pay to health care. A lot of seniors deserve pension relief, particularly at a time of heightened inflation. Just last year, the Maryland General Assembly and then-Gov. Larry Hogan approved legislation providing a tax credit to retirees of up to $1,000 per individual and $1,750 per couple. Yet now, lawmakers in Annapolis have been presented by Gov. Wes Moore with a costly proposal, the Keep Our Heroes Home Act, that would further reduce taxes on military pensions — for individuals as young as 37 years old.

Article Source: Baltimore Sun

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