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Seniors’ Tax Exemptions Threaten Schools | Lake Charles News
Louisiana voters face a pivotal choice on November 3rd as they weigh ten constitutional amendments, with Amendment Six igniting heated debate. This proposal would let seniors 65+ freeze property taxes on up to $30,000 of home value—scaled by age—with income capped at $102,700. But the Louisiana School Boards Association warns it could slash school funding statewide, as exemptions reduce taxable revenue for all local taxing bodies—even those not directly reliant on property taxes. Analysts estimate a $19.4 million annual loss if widely adopted. With local control over implementation, critics…
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