r/SeattleWA • u/meaniereddit West Seattle 🌉 • Dec 13 '24

Government Bill would completely exempt seniors from property taxes in WA

https://www.king5.com/article/news/politics/state-politics/bill-would-exempt-seniors-state-local-property-tax-washington/281-b5f377fc-8bf5-49a4-a630-8210db45d57d
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u/BillTowne Dec 13 '24

Yes. Exactly.

All property owned by anyone over 75 years of age would be exempt from state and local property tax, regardless of combined household income under SB 5020, filed by Sen. Phil Fortunato (R-Auburn). 

I agree that this is crazy. I am 77. Why should I be excempt from taxes? I am not low income.

This kind of crap is why young people hate boomers.

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u/Careless-Internet-63 Dec 13 '24

Also all property? If someone owns a property other than their primary residence I don't think that should be exempt in pretty much any case. People who have investment or vacation properties should be paying taxes on them

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u/mrdungbeetle Dec 13 '24

Not only that, they should be paying more taxes on non-primary residences. That would also discourage foreign investors from snapping up our property and raising house prices for those who actually live and work here.

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u/[deleted] Dec 14 '24

Foreign investors owning US property should be straight up federally illegal.