A tax cut package has been assembled by Maryland lawmakers, which could save senior citizens as much as $1,750 next year.
Both Democrats and Republicans support the move.
Thousands of seniors who are stuck with fixed incomes and rising inflation may finally catch a break.
Who will benefit from the tax cuts?
People ages 65 and older will benefit from the new tax cuts.
The income requirements allow single filers making below $100,000 to get a $1,000 break.
Married filers earning under $150,000 can get $1,750.
If your income surpasses those limits you do not qualify.
80% of seniors in the state of Maryland will qualify.
The cuts will begin in 2023.
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