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Governor Blunt Ends Unfair Cut to Seniors' Social Security Benefits Wednesday, July 11, 2007 |
Governor Blunt has signed a new law that puts an end to the unfair tax on Social Security benefits for tens of thousands of Missouri seniors. Missouri was one of only 15 states with this double taxation on senior citizens, and Governor Blunt called on lawmakers to end the tax in his State of the State Address. "Missouri's tax on Social Security benefits is an unjust cut on Missourians' hard earned income. Like many other challenges this is not a problem we created, but it is a problem we have solved," Gov. Blunt said. "For too long Missouri's Social Security tax has kept seniors from receiving the benefits they earned. I am pleased to sign the Senior Tax Justice Act ending the Social Security cut for tens of thousands of Missouri seniors." The bill, which was sponsored by House Speaker Rod Jetton, gives tax relief to senior citizens by phasing in a state income tax exemption on Social Security benefits over six years. The law also provides relief for teachers, firefighters, police officers, military personnel, federal employees and railroad workers. Read the Daily Dunklin Democrat's report on the tax cut for senior citizens below:
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