the amendment that I offer has a direct relationship to bankruptcy. My amendment will save thousands of this country's senior citizens who live on fixed incomes from filing for bankruptcy as a result of the very unfair practice of taxation of pension income of nonresidents by some States. It works, Mr. President, like this. If someone chooses to retire to a different State than the one they worked in, some States follow you with their taxing authorities to tax the pension income you earned previously. Even though you no longer reside in the State, you no longer use their highways, their health services, their park services, any of their recreation facilities, you use nothing in the State from which you came, they still are collecting taxes. You cannot even vote in the State, but they are demanding that taxes be paid. This is clearly, Mr. President, a form of taxation without representation.
Editor's note · Context
Discussing an amendment related to taxation of pension income for nonresidents.
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