Bill > ACR108

This Concurrent Resolution urges Congress to pass a law that would exempt military retirement pay from federal income taxes. The resolution highlights the significant sacrifices made by members of the Armed Forces and Reserves, including long separations from family, foregoing more lucrative civilian jobs, and facing dangerous situations, often requiring 20 or more years of service to qualify for retirement pay. It distinguishes military retirement pay from veteran's pensions, which are already non-taxable under certain conditions, and acknowledges that individual states have varying tax treatments for this type of retirement income. Ultimately, the resolution argues that those who have served the country should not have to pay federal income tax on the retirement benefits they earned through their service.