Important Legislation Provides Much Needed Relief To Maryland’s Volunteer Emergency Services PersonnelNote: Senate Budget and Taxation Committee to Hold Hearing on SB 161 on Wednesday, February 27, 2019, 1:00 PM
“I have been moved countless times by the selflessness of our firefighters and first responders. You deserve and have earned our respect and our gratitude, and making sure you get that respect isn’t a political issue – it’s just common sense.” - Governor Larry Hogan, February 6, 2019
|
Income Tax - Subtraction Modification - Volunteer Fire, Rescue, And Emergency Medical Services Members
Governor Hogan’s Proposed Legislation Provides Tax Relief To Volunteer Maryland Fire, Rescue, Or Emergency Medical Services; Legislation Will Increase State Income Tax Exemption To $10,000. “An individual is a qualifying volunteer fire, rescue, or emergency medical services member for the taxable year eligible for the subtraction modification under the subsection if the individual… The amount of the subtraction under paragraph (1) of this subsection is equal to:... [$6,500] $8,000 for a taxable year beginning after December 31, 2020, but before January 1, 2022; and [$7,000] $10,000 for a taxable year beginning after December 31, 2021.” Note: Figures in brackets are proposed to be removed from existing law. (“Senate Bill 161,” Maryland General Assembly, 1/21/19)
- Under The Governor’s Proposal, Volunteer Fire, Rescue, And Emergency Medical Services Personnel Will Receive A Total Of $7 Million In Tax Relief Over Five Years. (Maryland Department Of Budget And Management)
8 comments:
I'm sorry but I am tired of every profession thinking they are a special class.
Did you know that they get benefits and perks we never get?
What about nurses? doctors? My plumber is sure a hero to me!
The guy that turn on the electric in a hurricane?
Enough..
Your plumber isn't running into a flaming building mate. Your generation is collecting social security that mine or my children will likely not receive. Why not get heated about all the multi billion dollar businesses that are stealing from the system with tax loopholes and offshore accounts? You're just one of those people who like to call everyone snowflakes while you complain about everything.
Anonymous said...
I'm sorry but I am tired of every profession thinking they are a special class.
Did you know that they get benefits and perks we never get?
What about nurses? doctors? My plumber is sure a hero to me!
The guy that turn on the electric in a hurricane?
Enough..
February 28, 2019 at 6:30 AM
What are those benefits and perks that they get that you never get?? You mean getting up a 4 AM to handle your emergnce for free? You selfish bastard!!
That plumber is charging you thousands of dollars.
6:30 I agree with you those fire fighters chose to do that and as far as social security goes 7:28 if you don't receive it's because of those spend crazy Democrats you helped put in office.
7:28 Being a member of a fire department doesn't make anyone a hero either, Foundation Saver would be a better title. Lots of firemen get aroused when they get to ride in or drive a fire truck with lights flashing and sirens blaring
7:28 AM you chose the job. typical of you to whine about it like you are something special. thank you for helping to make my point.
9:32 AM for free? my taxes pay your wage, healthcare, pension, etc. and obviously for you to stand around in Acme and socialize .
another "special" whiner.
Anonymous said...
I'm sorry but I am tired of every profession thinking they are a special class.
Did you know that they get benefits and perks we never get?
What about nurses? doctors? My plumber is sure a hero to me!
The guy that turn on the electric in a hurricane?
Enough..
February 28, 2019 at 6:30 AM
You Ma'am, are a moron!
Post a Comment