Monday, March 24, 2025

California Remains Only State to Tax Veterans' Retirement Income

Article Title: California Remains Only State to Tax Veterans' Retirement Income

Article Excerpt: "...California stands alone as the only state in the country that taxes military veterans on their retirement income...“We should be like the other 49 states. Can we possibly do enough to thank our veterans? I don’t think we can.” Jamie added, “Why are we taxing everybody and anything—and not supporting those who’ve served our country?”

While critics say the tax break could cost the state an estimated $130 million this year, supporters argue it's a small price to pay to support those who served."



Reference Source: www.nbcpalmsprings.com