Sr tax freeze 10/4
And here (WRA, by Paul Singley) is another town, Naugatuck, that's moving forward with a tax freeze (with both income & asset limits). I'm still not sure how one would measure assets, but I've asked town staff about it.
Tim White
Town Council, 4th District
TimWhite98@yahoo.com
4 comments:
A tax freeze should be based on income first, over 65 second and no assets. That way, no matter what age you are, you pay property taxes based on your earnings.
Actually, a tax freeze should also take into account years of residency. You could establish a 90-year rule (i.e. age plus years of residency must be at least 90) to limit eligibility to seniors who have lived in town for many years.
about the asset test, I'm still not sure how a town could use an "asset limit."
How would you define "asset?"
Hypothetically... would a 60 yr old engagement ring (valued at $10k) be deemed an "asset?"
I saw the letter that Steve Carroll posted in The Herald....its funny how people who dont get re-elected end up complaining about everything(remember Joe Plitnik). I guess you can take from the letter that the tax freeze proposal should have been put on the referendum just because people worked hard to get the signatures. The fact that the town atty says it wasnt set up correctly or legally doesnt matter? Hey Mr Carroll, we already have enough politicians in America that dont think the law is worth following....I'm glad there is one less...Do you really want to ask the people if everyone over age 65 should have a tax freeze?...Would it include the folks buying up the 500-600k age restricted housing?...
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