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While the federal government is handing out taxpayer monies to AIG executives who use the bailout dollars for spa junkets to the Monarch St. Regis, the town of Natick, MA is setting an example on how to provide tax relief while at the same time utilizing the abilities of its senior citizens…
During hard economic times, innovative business strategies oftentimes come to the fore.
In Natick, an innovative and timely program allows senior citizens to work for the town for 94 hours, for which they’ll receive a $750 property tax credit.
This quid pro quo arrangement offers the best of both worlds: the town gets necessary work done, and the seniors get an opportunity to reduce their tax burden. And as is often the case, unintended benefits also ensue.
http://www.thebostonchannel.com/video/17665171/
JOHN PRESCOTT
-BostonKayakGuy
Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net
JOHN PRESCOTT
Vice President
Century 21 Commonwealth
508-523-9252
BostonKayakGuy…The MetWest Scene
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Filed under: Boston Business, Finance, MetWest, Metrowest, Natick, Natick Real Estate, The MetWest Scene | Tagged: aig bailout, alternatives, BostonKayakGuy, Business, economy, Finance, financial markets, john prescott top natick real estate agent, John Prescott's The MetWest Scene, Natick, Natick Real Estate, property tax, senior citizens, tax relief, taxes, the boston channel
Quality new construction, granite & stainless kitchen. Beautiful grounds with natural stone walls.
It’s good to see there are some innovative folks. The Feds should do one hundreth as well. So lets fight back. See my blog. SandySay1.wordpress.com