Tag: measure of inflation

A picture of inflation rate word and notepad with pen, smartphone calculator and grocery receipt

Tax Bill’s Inflation Adjustment Is Sensible

MarketWatch Blog by

December 4, 2017

Both the House and Senate tax cut proposals change the measure of inflation used to adjust the income thresholds in the tax schedule.  This shift to a “chained” consumer price index (CPI), which makes sense on the tax side, has also been proposed in the past for indexing Social Security benefits after retirement, where t…