Tag: tax cuts

Tax word on paper cut by scissor, blue background

We need to get our fiscal house in order, not make matters worse. In this new world, I have expanded my podcast listening to try to understand the other team.  High on my list is “All In” – originally a group of four high-tech venture capital hosts, so clearly smart guys and very rich.  Right…

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

But it shouldn’t be used as a precedent for Social Security. 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…