Once S.17 was under the control of the House Ways and Means Committee, with two chairs who didn't consider honoring veterans important enough. The bill was never brought up for a vote.
While I applaud the passing of the military pension tax exemption, I am frustrated with the caveats in place…Caveats that dictate that my military service is not as honorable as those deserving retirees that qualify. As soon as family scenarios make it reasonable, I’m taking my non-qualifying gross income out of this state that covets every tax penny versus the honorable service to my country. Yes, I make too much money to qualify for the exemption and I will absolutely take that taxable income as far away from Vermont as I can.
While I applaud the passing of the military pension tax exemption, I am frustrated with the caveats in place…Caveats that dictate that my military service is not as honorable as those deserving retirees that qualify. As soon as family scenarios make it reasonable, I’m taking my non-qualifying gross income out of this state that covets every tax penny versus the honorable service to my country. Yes, I make too much money to qualify for the exemption and I will absolutely take that taxable income as far away from Vermont as I can.