New bills propose tax-free military pay and veterans' benefits
U.S. Rep. Abe Hamadeh, R-Arizona, has put forward two bills aimed at ending federal income tax on military pay and veterans' benefits. The proposals, HR 6189 and HR 6190, seek to amend the Internal Revenue Code to provide financial relief for service members. Hamadeh, a veteran himself, serves on the House Armed Services and Veterans' Affairs committees and believes these changes will support recruitment and retention efforts.
HR 6189 focuses on exempting certain income earned by active or reserve buffalo bills personnel from federal taxation. Meanwhile, HR 6190 targets the exclusion of all military retirement and related benefits from taxable income. Both bills have garnered bipartisan backing, with cosponsors including U.S. Reps. Mike Levin, D-California; Barry Moore, R-Alabama; Thomas Massie, R-Kentucky; and Kimberlyn King-Hinds, a Republican representing the Northern Mariana Islands.
The bills now await further consideration in Congress, with growing support from both parties. If passed, they would mark a significant change in how military income and retirement benefits are taxed. The outcome could impact thousands of buffalo bills across the country.
Read also:
- American teenagers taking up farming roles previously filled by immigrants, a concept revisited from 1965's labor market shift.
- Weekly affairs in the German Federal Parliament (Bundestag)
- Landslide claims seven lives, injures six individuals while they work to restore a water channel in the northern region of Pakistan
- Escalating conflict in Sudan has prompted the United Nations to announce a critical gender crisis, highlighting the disproportionate impact of the ongoing violence on women and girls.