Wednesday, November 15, 2017

How a New Inflation Measure Raises Taxes on the Middle Class

Tucked into Republicans’ tax overhaul bill is a technical tweak to how inflation is measured. It is designed to hold down the deficit, but over time it becomes a tax increase that hits many middle-class households who start out as the plan’s beneficiaries, Greg Ip writes.

from WSJ.com: US Business http://ift.tt/2htZd9P
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