According to Air Force Magazine contributing editor Tom Philpott, combat-zone tax exclusions, Earned Income Tax Credit changes, and child tax credits that took effect in 2005 have softened the tax liability for the military. And, for troops in combat areas, there will be no penalty for filing a tax return late. Once they leave the combat zone, they have six months plus the number of days spent in the zone to file a return.
A record investment in research and development by the Department of the Air Force will help the United States win the long-term technology race with China, even while shrinking the fleet size before a possible mid-decade Taiwan contingency, Air Force Secretary Frank Kendall said May 17. “With the Air Force,…