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Hogan Announces Elimination of Retirement Taxes

January 12th, 2022 by WCBC Radio

On the eve of the 2022 session of the Maryland General Assembly, Governor Larry Hogan announced what he calls the largest tax cut in state’s history — $4.6 billion in relief. The plan includes a retirement tax relief plan – eliminating 100% of state retirement taxes for all retirees, phased in over time for those 65+ claiming Social Security.  Despite a super majority Democrat House and Senate who have often opposed and rejected Hogan’s legislative agenda- the governor said he is optimistic this time…