Social Security Benefits losing ground to inflation…..and property taxes

For those on social security, if you think that you are not able to “stretch your dollars” as far as before, there is a reason.  Thanks to Lobbyist Julie for this article on social security and the loss of its purchasing power.

https://seniorsleague.org/social-security-benefits-lose-34-buying-power-since-2000-2019-cola-top-3-3/

When you couple the inflation pressures with the ever increasing property taxes, we see some real problems ahead for seniors in Lake County and the State of Ohio.  We are resolved to continue pushing for a ballot initiative for not only seniors, but for all Ohioans that are being slowly, but surely, driven out of their homes.



Categories: Lake, Real Estate Taxes

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