$6000 Senior Tax Exemption Sparks Heated Debate Over Generational Fairness

$6,000 Senior Tax Exemption Sparks Heated Debate Over Generational Fairness

Senior Tax Exemption: A new federal tax provision granting a $6,000 deduction for seniors has triggered a broader discussion about tax fairness and generational balance. The measure applies to taxpayers aged 65 and older and is designed to reduce their federal income tax liability. Supporters describe it as targeted relief for retirees facing rising living … Read more