Veterans Voice: For ‘service and sacrifice.’ Vets call pension tax exemption long overdue

Link:https://www.providencejournal.com/story/news/local/2022/02/07/ri-veterans-pension-tax-exemption-long-overdue/6664797001/

Excerpt:

In 1998, Reform Party candidate Victor Moffitt campaigned for state treasurer on a platform that included eliminating the state income tax on military pensions. 

Said Moffitt in 1998: “That’s a small amount to pay to the people who risked their lives to preserve our freedom and democracy.”

This history frustrates Vasquez-Hellner because Rhode Island is one of only four states that does not have a specific exemption for veteran pensions. (The first $15,000 of all pensions, regardless of source, are tax-exempt.)

….

Supporters argue the change is a long-overdue step to counter the impression that Rhode Island does not treat its veterans as well as other states, such as Massachusetts and Connecticut. Both fully exempt veteran pensions from state income tax.

Author(s): Frank Lennon

Publication Date: 7 Feb 2022

Publication Site: Providence Journal