Friday, December 22, 2006

Property Tax Relief Democratic Style

If anyone needs a property tax cut its these people!

4 comments:

David W. Keelan said...

If the arguement is that they are on limited incomes then it is the same as the seniors who can't afford the taxes either. As you suggested earlier do you think these people should sell their property and move to a jurisdiction with lower taxes.

Steve Fine said...

They are poor and struggling. Many, if not most, of the Seniors who will profit are wealthy!

David W. Keelan said...

Again Steve, you are going to have to be specific. What is wealthy? There are 11,000 families that may qualify for this (households headed by 70 year olds). The income litumus test has to be applied next. Those making less than $75K and we do not count the principle in retirement accounts or equity in their homes.

Lets start there.

Anonymous said...

What about seniors who have millions in assets?