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tax breaks for seniors

  • We Are All In This Together

    When Newtown property owners got their local tax bills last year, there was concern and consternation among some people for whom the basic calculus of assessment and taxation seemed to have changed. In addition to the 3.5 percent increase in the tax rate for 2013-14, certain property owners were facing assessment upgrades in the recently completed revaluation. Owners of waterfront homes and other “high value” properties throughout town and those who bought over-55 condos were hit with the taxation double-whammy.