In favor of state income tax break for 70yr olds?

It's a stupid idea, so probably.

Hopefully you will have income at 70 even if you are retired.

not ok boomer

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It's a stupid idea, so probably.

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This ^

Anything that sounds good on paper, with minimal thought behind it.

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They could also move to Florida or Texas and pay no State taxes, like a lot do....

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That would be the only benefit, to attract retirees with income. Seniors aren't a big drain on services like police and schools, new Seniors would invest in property and they support the medical industry. But I'm not sure why seniors should pay less taxes than anyone else unless it created a net plus.

Just get JBE to favor it and the “conservatives” here will eat that shite up like white beans and jambalaya.

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Social Security shouldnt be considered taxable income

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At the federal level:
If you don't make enough, it isn't taxable.

If you make over a certain limit, a portion of it is.

In Louisiana:
That portion that IS taxable at the federal level is not counted as income for tax purposes in Louisiana. That reduces the state's revenue about about $100m a year.

Also all public retirement income is excluded in LA. That costs us about another $130m a year.

No need to add another exemption on top of that.

If others have to pay state income tax the everyone regardless of age sex colour etc etc should have to pay too

Also everyone should have to pay regardless of income level

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They could also move to Florida or Texas and pay no State taxes, like a lot do....

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Same thing here in Arkansas. I haven't paid state taxes in seven years.

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That costs us about another $130m a year.

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Something that isn’t yours to begin with can’t “cost” you.