Broker Check
Support for Repeal of 'Widow's Tax' Higher than Ever, Military Coalition Tells Congress

Support for Repeal of 'Widow's Tax' Higher than Ever, Military Coalition Tells Congress

| September 16, 2019
Share |

A group of 32 military and veterans organizations is pressing House and Senate members to pass legislation they've spent years lobbying for -- eliminating what is colloquially called the "widow's tax."

The Military Coalition, as it's called, also backs measures under consideration in Congress that would slow Defense Department efforts to cut nearly 18,000 uniformed medical billets and combine the commissary and exchange systems.

In a letter sent Sept. 12 to the chairmen and ranking members of the House and Senate Armed Services Committees, members of the coalition, which represents more than 5.5 million service members, veterans and family members, praised passage of the Bipartisan Budget Act of 2019. The bill raised defense spending caps and extended the debt ceiling through July 2021, thereby averting drastic budget cuts to the Department of Defense.

Link to read more on this: Click Here

Source: https://www.military.com/daily-news/2019/09/13/support-repeal-widows-tax-higher-ever-military-coalition-tells-congress.html


This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor. LPL Financial and Jones Investment Group do not offer tax advice.

Share |