End of America

These states are offering big tax breaks for retirees


From Forbes:

Last month, even as they slapped a new tax on hospitals, raised dozens of user fees, and eliminated a low-income tax credit, Georgia legislators passed income tax relief for one group: well-off retirees.

For residents 62 or older, Georgia already exempts from its 6% tax all Social Security and $70,000 per couple of income from pensions, retirement accounts, annuities, interest, dividends, capital gains and rents. But in 2012...
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