Showing posts with label property tax. Show all posts
Showing posts with label property tax. Show all posts

Monday, January 16, 2012

New York State increases tax exemption for Cold War Veterans

The New York Sate Legislature has taken a brave step forward for Cold War Veterans.

The legislature recently increased the amount of tax exemptions being given to Cold War Veterans. The increase was from $12,000 to $54,000. For those with service connected disabilities the increase is from $54,000 to $180,000.

This exemption is for those who served during the Cold War, from Sept. 2, 1945 to Dec. 26, 1991. Other tax exemptions for those who served during wartime periods are already in place.

It is now up to each local tax board and city council to approve the increase. It is hoped that even with
municipalities facing financial problems that each and everyone will approve the new exemption amounts as quickly as possibly.

It is just a small way to thank, honor and remember those who served. Cold War Veterans are a
very large voting block, and will remember who stood up to assist us for a long time. For those
who might be against these increases, veterans have a long memory, elections are not that far away.

Jerald Terwilliger
National Chairman
American Cold War Veterans
"We Remember"


---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996

Wednesday, November 3, 2010

Virginia says yes to tax relief for disable veterans

Voters in Virginia said yes to constitutional amendments grant property tax exemptions.


One amendment gives local governments more discretion in deciding to grant exemptions on property
taxes for people who are 65 or older or who are permanently and totally disabled.

The second amendment forces the state legislature to exempt totally disabled veterans from paying real estate taxes on their primary residence.

This is wonderful news for our elderly and our veterans.

Which state will be next to offer assistance to our veterans?

---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996

Friday, October 29, 2010

New York City Councilman wants to give Cold War Veterans Tax Break

New York city councilman Vincent J. Gentile is introducing a bill that would give about 24,000 Cold War Veterans the same exemption on property taxes that are given to veterans of other wars.

A fifteen percent exemption on property taxes would be available for all Cold War Veterans for 15 years and would be capped at $39.000. The period September 2, 1945 through December 26, 1991 is considered the Cold War Era by the legislation. A discharge or separation of honorable conditions

In 2009 New York State gave cities, towns, villages and counties the option to grant this exemption to Cold War Veterans. Councilman Gentile said "My legislation would have New York City opt into the
 state tax exemption to make sure all our veterans are given the respect and courtesy they deserve."

It is our hope that more states take the same course and provide recognition to all Cold War Veterans.
Small steps, taken a few at a time, but we would like to see it turn into a groundswell to finally say
"Thank You" to the Cold War Veterans.

Jerald Terwilliger
National Chairman
American Cold War Veterans
"We Remember"

---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996