"Seniors main source of income is their Social Security. The five largest worries for seniors are housing, transportation, food, health care and taxes. Living in high-cost areas where school and infrastructure bonds are an open checkbook makes it impossible for seniors to keep their homes, let alone sell their homes in an unstable housing market. If families cannot afford housing, how can seniors with fixed incomes afford to thrive? They cannot."
"Kumar is still peddling his cockamamie plan to exempt senior citizens from paying property taxes. He is using what amounts to nothing more than a Trumpian style lie that senior homeowners are systematically being thrown into the streets because of property tax burdens. That's nonsense. As a senior myself, I don't think it would be fair or equitable to be exempted from property taxes. I still benefit from the many services local government provides, including education, health care, clean water and law enforcement."
Kumar's proposal would exempt senior citizens from paying property taxes to curb rising state and local tax assessments that disproportionately affect seniors on Social Security. Seniors' primary income is Social Security and top concerns include housing, transportation, food, health care and taxes. High-cost areas with frequent school and infrastructure bond measures increase property tax burdens, making it difficult for seniors to keep or sell homes in unstable markets. Proponents argue the exemption will prevent displacement and that fiscal irresponsibility and bond spending, not exemptions, must be addressed. Opponents call the exemption unfair and misleading, note seniors benefit from local services, and urge rejection of the ballot measure.
Read at The Mercury News
Unable to calculate read time
Collection
[
|
...
]