Circuit Breaker for Seniors Could Overload Municipal Finances

Orlando Rodriguez

The Connecticut Economy, 2013, issue Spring

Abstract: Connecticut, it may surprise many to learn, is a retirement haven. Although many Connecticut residents retire to southern states such as F F lorida, most do not leave the state. And for disabled and for low income seniors, the state offers a small incentive to stay: a tax credit for local property taxes. Unfortunately, that circuit breaker program, coupled with a rising elderly population, could strain future town finances.

JEL-codes: J64 (search for similar items in EconPapers)
Date: 2013
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