Texas Veterans Get a Break
by admin on Jul.22, 2009, under Politics, Support Our Soldiers
HOUSTON — Under a new Texas law, some disabled veterans will no longer have to pay taxes on their homes while others will have to fork over less money in property taxes.
The law, signed by Gov. Rick Perry in June, took effect immediately and is retroactive to Jan. 1.
The law allows disabled veterans to qualify for complete exemption if the Department of Veterans Affairs determines they are unable to work or are receiving 100 percent disability compensation due to their military service. Veterans with disability ratings of 30 percent, 50 percent or 70 percent will have different levels of exemption. Read on…
This is really fabulous. Our veterans really deserve to get a break. After being disabled in a war, life back home is difficult. And when you are living off of disability, it’s even harder. The article mentions that many states do offer some form of tax exemption to veterans, but here’s hoping that all states will start implementing veteran tax breaks.
