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Circuit Breaker for Seniors Could Overload Municipal Finances

Author

Listed:
  • Orlando Rodriguez

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.

Suggested Citation

  • Orlando Rodriguez, 2013. "Circuit Breaker for Seniors Could Overload Municipal Finances," The Connecticut Economy, University of Connecticut, Department of Economics, issue Spring.
    • Handle: RePEc:uct:ctecon:13-spr-04
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    File URL: http://cteconomy.uconn.edu/articles/2013N2_Spring/OR_S2013.pdf
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    More about this item

    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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