Elderly tax requirements

Once you hit 68 years old (at a maximum 70), elderly should not be required to pay income tax, state property tax, capital gains tax, etc. In other words, any ‘singularly’ calculated tax. Excise tax built-in or sales tax is understandable, but retirees have a hard enough time nowadays. They’ve paid their fair share and should not have to be sweating such burdening taxation. For sure, at least anyone with an income under say $300k a year.

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