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Md. retirees are lucky if they're affected by O'Malley's income tax hike

Constance Kihm writes that she is leaving Maryland because she "can no longer afford to support fiscal and social programs with which we do not agree" ("Farewell, my Maryland, farewell to taxes, farewell to extreme liberalism," May 10). She resents that Maryland "feels it is entitled to increase the tax burden on our hard-earned retirement income."

I am a pensioner who turned 65 last year. I discovered that Maryland does not tax the first $27,100 of retirement income! This saved my wife and me about $4,000 in state and local income tax for 2012.

If Ms. Kihm is paying higher income taxes as a result of the 2012 income tax increase, it means that she and her spouse have more than $150,000 in taxable income. On the first $50,000 above $150,000, they would owe an additional $125.

Charlie Cooper, Baltimore

Copyright © 2015, The Baltimore Sun
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