state taxes

Should States Use Tax Breaks to Woo Seniors?

We’ve all seen the articles in Forbes, Kiplingers, or U.S. News trumpeting the best states to live in retirement. A key measure for them all: Low taxes. What you may not know is that states actively compete with one another to provide tax breaks to older residents—especially to wealthy seniors. This competiton is similar to the way states use tax [...]

By |2012-02-09T22:43:17-05:00February 9th, 2012|Aging, Medicaid, Medicare|1 Comment

Will Tax Credits Sell Long-Term Care Insurance?

(I posted this yesterday on my TaxVox blog, but those interested in long-term care may be interested as well) Long-term care insurance has been a model of market failure. The need for care in frail old age or disability seems to be the ideal insurable event. Two-thirds of those over 65 will need some assistance before they die and 20 percent will [...]

By |2009-11-04T20:02:47-05:00November 4th, 2009|long-term care financing|0 Comments