I Don’t Really Like This Idea

I’m just not a fan of this idea to exempt senior citizens from paying all income taxes.

They are the highest consumers of state provided medical care and yet they will, via all the exemptions they are being given, contribute nothing toward it.

No, this will probably pass, but it shouldn’t. If you want to attract people to this state, do a full overhaul. Don’t just benefit senior citizens.

12 comments

  1. commonsense says:

    There is already a $35,000 exemption being phased into law.

    Plus, at least as proposed durring the campaign it was only on retirement income. Got work to pay for your meds? Tough luck.

  2. Burdell says:

    AARP opposes this bill, as I understand, because they say it would only reduce taxes for upper-income seniors. Well, of course it would, since income below $35,000 is already tax-free for seniors.

    If the Governor really wants to help seniors, he needs to look at the taxes that really hurt people living on a fixed income–property taxes. Seniors who bought land years ago are being taxed right off of it because their income is not increasing to match the assessments that go up every year.

    Unfortunately, the Governor seems to be ignoring this issue completely.

  3. jsm says:

    I agree with Burdell. It seems to me that property taxes are a bigger burden on seniors. I’d like to see some research on the issue and see if our legislators are seeking real solutions to real problems.

  4. ColinATL says:

    But don’t you see, this is the perfect way of solidifying the Republican juggernaut in Georgia.

    Old people these days tend to be conservative and vote Republican, especially if those old people are attracted to this state because of Republican-enacted plum tax breaks.
    Old people (all ages really) are running away from Florida as fast as they can, due to inflated property taxes and CRAZY insurance premiums. They’re leaving a no-income tax state, so we need to look attractive to them, especially since we’re so close geographically.
    Old people are making up a greater proportion of the electorate, and will continue to grow in importance (ie, the Baby Boomers)

    Seriously, why WOULDN’T the Republicans enact this? It’s the perfect piece of pandering legislation to lock up at least another decade of elections. So what if the budget doesn’t balance or our Medicare system is even MORE under-funded than it was before?

  5. StevePerkins says:

    I don’t have any hard statistics in front of me, but my understanding is that the elderly tend to vote for whoever is least likely to mess with their sacred entitlement programs. Middle age voters will occasionally place pocketbook issues in the backseat behind racial tensions or aversion to gays, but seniors are pretty fixated on their government aid.

    The Republicans made an unusual (and unfortunately) attempt to buy some love through their trillion-dollar drug benefit plan… but in general they are the party talking Social Security privatization and Medicare reform, while the Democrats chant the status quo mantra that seniors want to hear.

    My hunch is that a large influx wouldn’t necessarily help either political party exclusively. Rather, it would promote the populist elements with both parties. That is, left-wing economics combined with right-wing social values. In other words, the worst of all possible worlds.

  6. Dawgfan says:

    People:

    There is no grand political strategy. Georgia’s or at least Atlanta’s economy is driven primarily by the service sector and real estate/construction to an extent. The holy grail of those industries are the boomers. Active adults with no children that have to be educated and tons of spending money. Why do people retire to Florida? Because they have no income tax. There is an additional phenomenon called “half backs” or people who retired to Florida and moved half way back. These are people who could be persuaded to move to Georgia with the additional incentive of income tax free living. This is a close as it come to pennies from heaven.

  7. CTM says:

    Seniors are the biggest consumers of healthcare in Georgia, but the bill is largely footed by Medicare not Medicaid so they do not consume as many state dollars.

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