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Why do old people get tax breaks

Posted on 3/23/19 at 11:36 pm
Posted by BulldogXero
Member since Oct 2011
9762 posts
Posted on 3/23/19 at 11:36 pm
Serious question
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73674 posts
Posted on 3/23/19 at 11:37 pm to
Bitch because they are in the workforce.
Bitch because we incentivize them to leave the workforce.
Posted by cattus
Member since Jan 2009
13414 posts
Posted on 3/23/19 at 11:39 pm to
You have any idea how hard it is for an old person to get up in the morning?
Posted by IAmNERD
Member since May 2017
19179 posts
Posted on 3/23/19 at 11:41 pm to
Because they're old
Posted by el Gaucho
He/They
Member since Dec 2010
52910 posts
Posted on 3/23/19 at 11:41 pm to
frick off millenial

Without us boomers you’d all be speaking Vietnamese
Posted by umop_apisdn
Member since Sep 2017
3673 posts
Posted on 3/23/19 at 11:42 pm to
Off is the general direction to which thou can furke.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/23/19 at 11:42 pm to
Because they're more likely to vote than their younger generational counterparts.
Posted by Rize
Spring Texas
Member since Sep 2011
15754 posts
Posted on 3/23/19 at 11:43 pm to
quote:

frick off millenial

Without us boomers you’d all be speaking Vietnamese





And we would be blind from Welding.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64392 posts
Posted on 3/24/19 at 12:01 am to
You give you one more thing to whine, moan, and bitch about how hard and unfair life is for poor, little you.
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
132221 posts
Posted on 3/24/19 at 12:10 am to
The baby boomers ruined our country
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 3/24/19 at 12:16 am to
I'm old and don't get tax breaks. Do you still hate me? gotta know because this guilt is tearing me up inside.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11348 posts
Posted on 3/24/19 at 12:27 am to
Which tax break might that be? We pay local, state, federal, income, property, social security, school taxes and whatever other ones I failed to identify.
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 3/24/19 at 12:30 am to
That retard is talking about the Elderly Tax Credit, which phases out at $17,500 AGI and/or something absurd liks $5000 in non-taxable income.
This post was edited on 3/24/19 at 12:33 am
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 3/24/19 at 12:32 am to
I’m old and I’m waiting for my tax break. I’ll bet I pay more in tax than you gross, baw, and glad to have that problem.
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 3/24/19 at 12:41 am to
Old people pay the same taxes and still throw badass parties for their millennial kids and their friends.

Half off dinner at Ruby Tuesday’s before 6 and tax breaks are an entire different things.
Posted by weadjust
Member since Aug 2012
15082 posts
Posted on 3/24/19 at 12:49 am to
quote:

Which tax break might that be?


A Special Assessment applies to the homestead of persons who are 65 years of age and older if the adjusted gross household income is below a certain level.

The Tax Cuts and Jobs Act (TCJA) pretty much doubles standard deductions for all filing statuses—the standard deduction you can claim before you claim the extra bonus deduction for being age 65 or older. These deductions will be in place from 2018 through at least 2025:
This post was edited on 3/24/19 at 12:53 am
Posted by MSUDawg98
Ravens Flock
Member since Jan 2018
9946 posts
Posted on 3/24/19 at 12:56 am to
Property tax exemptions are also given to the disabled. (YMMV on its helpfulness...only $1000 here which saves us less than a Benjamin.)
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124258 posts
Posted on 3/24/19 at 3:14 am to
You are such a piece of shite
Posted by Kraut Dawg
Member since Sep 2012
4503 posts
Posted on 3/24/19 at 3:17 am to
This post was edited on 11/8/20 at 6:16 am
Posted by TigerChief10
Member since Dec 2012
10858 posts
Posted on 3/24/19 at 3:24 am to
quote:

The baby boomers ruined our country

yep. They love to complain about the younger generation and completely ignore that they're the ones that raised them to be soft arse pussies
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