Dave Keelan's suggesting I don't have any sympathy for senior citizens, even though I am only four years away from receiving my AARP Card. Dave, becoming a senior citizen is my number one priority.
But seriously, proponents of the tax cut for the rich masquerading as relief for seniors are contending that seniors are actually being forced from their homes by high property taxes. (Is the tax break large enough to fix that problem for anyone who doesn't own a very pricey home?)
Remember the Estate tax swindle perpetrated by the Republican Congress? They claimed abolishing the Estate tax was necessary because families were being forced to sell their farms by the estate tax. Turned out, that they were wrong, no one could locate a single family that had been forced to sell their farm by the estate tax, not one! Even though the Republicans claimed it was a common occurrence.
Has anyone actually found a HoCo senior who has been forced from their home by high property values? A senior who didn't have the option of selling some of their equity to pay taxes (on their appreciating asset?)
Hey, its expensive to own a Porsche too, sometimes people have to sell their Porsches because of high repair and maintenance costs. Its a shame they worked so hard to buy that car and now they have to sell it. That just isn't fair, we need a tax break for Porsche owners.