New state initiative aims to eliminate property taxes for senior citizens (Sun City: apartment, rental)

[Movn-on]

I’m thinking most of those here who are opposed to any kind of property tax break for seniors are going to feel differently about it once they reach 65. Most of us are planning to get there I would think, so it’s not really discriminatory. As for those currently working with no savings, that’s usually a lifestyle choice. Their wages in theory should rise as inflation rises. Not so much for retirees with a fixed pot of money to live on. Their homes should be one thing they can count on, assuming they own it outright.

[Katera]

Baby boomers LOL. This generation needs to go.....away.

[man4857]

Originally Posted by Movn-on

I’m thinking most of those here who are opposed to any kind of property tax break for seniors are going to feel differently about it once they reach 65. Most of us are planning to get there I would think, so it’s not really discriminatory. As for those currently working with no savings, that’s usually a lifestyle choice. Their wages in theory should rise as inflation rises. Not so much for retirees with a fixed pot of money to live on. Their homes should be one thing they can count on, assuming they own it outright.

As much as I would like to think that's the case, any "tax breaks" have been benefiting them and only them only. "Retirement" seems to be used as the phrase of entitlement rather than a sense of accomplishment/fulfillment.

When was the last time additional tax breaks was proposed for college students (i.e. more tax credits for education, student loan subsidies, grants, etc.)? Not only do we have people opposing additional benefits for college students, we have people advocating removing all benefits entirely...

For the record, I'd fully support investing in students rather than giving seniors a tax break if those 2 choices were pitted against each other. Because they are the future and if they're choosing to further themselves in college, then I'd be willing to invest in them to help them succeed. Tax breaks because you hit a certain age? Not so much. Everyone will get to that age eventually whether you earned it or not.

[Movn-on]

Originally Posted by Katera

Baby boomers LOL. This generation needs to go.....away.

But not too fast....not before they pay for all that free education and Medicare for all.

[JGMotorsport64]

Originally Posted by Movn-on

But not too fast....not before they pay for all that free education and Medicare for all.

With their free property taxes?

[Movn-on]

Originally Posted by JGMotorsport64

With their free property taxes?

No, because that won’t pass, but they can raid their 401ks and tax their wealth. Who else is going to pay for all this free stuff?

[JGMotorsport64]

Originally Posted by Movn-on

No, because that won’t pass, but they can raid their 401ks and tax their wealth. Who else is going to pay for all this free stuff?

I am. So you can live without paying property taxes. Duh.

[Movn-on]

Originally Posted by JGMotorsport64

I am. So you can live without paying property taxes. Duh.

I never said I advocated the no property tax deal...

[recycled]

I will be 65 next year, and I am against any property tax break for senior citizens or anyone else. Once you open the door to carving out a break for one group, the door is open to carve out a break for another group. Make property tax rates on a given piece of property the same for whoever might be the owner. Fair is fair.

If an elder citizen can't afford the property tax and the overall cost of ownership, there are all sorts of reasonable priced senior citizen rental apartments. I have looked at some of those apartments myself, and many are pretty good. AZ property tax rates are very reasonable compared to nearly all other states in the USA. Any other states with lower property tax rates make it up somewhere else, like sales tax on groceries.

Not all senior citizens who are "fixed income" are living on crumbs. Many including myself have generous investment incomes along with private pensions. I probably won't start drawing social security until past age 69, cause I don't need it. Why should comfortably affluent senior citizens get a huge property tax break and shove the burden onto a younger generation? The younger generation is already saddled with a massive $22 trillion federal debt, and they are not the ones who spent that money!

[fluffythewondercat]

Originally Posted by Movn-on

I never said I advocated the no property tax deal...