How perceptions create inequality

In NJ, seniors age 65 can have their property taxes frozen if their income does not exceed $91,505, (indexed for inflation) simply because they are seniors. Several forms of income are excluded from the above amount.

Meanwhile the median household income in NJ as of 2019 is $85,751.

Virtually no seniors are living on a fixed income. But more relevant is that what goes to seniors is taken from younger Americans many of whom are struggling more than seniors with incomes of $91,000 a year.

Think about that.

2 comments

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