Sunday, February 6, 2011

Help for senior citizens struggling to pay their property taxes?

If Sudbury can do this, why not Franklin?

“Some people will pay a little more and another group will pay less, so the total amount we raise will be just like it was before,’’ he said. 
Tyler said the plan calls for increasing the tax burden on residential taxpayers by 0.5 percent, or about $50 a year for the average taxpayer. The additional money would be used to reduce the taxes of about 300 homeowners who pay more than 10 percent of their income on property taxes, Tyler said. He said if the town raises about $300,000 from the shift, each qualifying senior would get a break of about $1,000. 
“This is a really caring community in Sudbury, and it was a proposal people could really buy into,’’ Tyler said.

Read the full article in the Boston Globe West edition here

Franklin, MA

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