AARP Eye Center
Search
Property tax relief should be equitable, cost-effective, and targeted to homeowners with low and moderate incomes burdened by their property tax bill.
Prior to finalizing annual budget decisions, localities should inform taxpayers of the property tax rate required to maintain revenues at the same level as the prior year.
The primary sources of government revenue are income, sales, and property taxes.
There is an increasing interest in taxes on energy consumption.
Policymakers should take action to raise revenues, promote energy conservation, and reduce climate change.
Carbon taxes or cap-and-trade systems that would increase energy-related and other prices must include measures to compensate for regional differences in energy costs and to adequately protect cons
Excise taxes are sales taxes on individual commodities, services, or transactions such as motor fuel, cigarettes, or home sales. For example, motor fuel taxes fund highways.
Passing responsibilities down to lower levels of government should be undertaken primarily to place services closer to the people being served and to maximize administrative
There are two main ways for governments to collect taxes. One is by taxing income directly. This is known as an income tax. The other is taxing only income that is spent.
Policymakers should expand opportunities for people to volunteer in their communities. This includes older adults and people with disabilities.