Governor Backs Military Retirement Tax Break

Susana Martinez

KOB TV - It was a big day at the state capitol for New Mexico veterans, who rallied with the governor for some of her pet projects to make their lives a little easier. We are talking jobs and money - music to anybody's ears, but especially for veterans returning home and those retiring with military pensions.
Governor Susana Martinez backs a proposal to give retiring veterans a 25 percent tax exemption on their retirement pay that would gradually climb to 100 percent by 2016. She also favors giving a $1,000 tax exemption to employers who hire veterans returning from Iraq and Afghanistan.
"They have sacrificed and risked their lives to fight enemies of our country half a world away," Martinez said. "They come home, take off their uniforms, and find that there are no job openings." Read full story here: News New Mexico

Governor Backs Military Retirement Tax Break