Can someone give me an example of how the CPI effects graduated income tax brackets. Also what would be the magnitude of a tax increase with a 2/10's of 1% cut in the CPI on an annual basis. Another words how much revenue would be raised by cutting the CPI 2/10's of 1%. Would that many people end up in higher tax brackets? Anyone seen any numbers on this?
Sincerely, Tom
John K. Taber wrote:
> Brad De Long wrote:
>
> [snipped Brad's clarification on CPI]
>
> Gosh, thanks, you're right. Maybe I misread the article, or the
> article had its facts wrong, or something.
>
> If I ever find it, I'll be sure to check it carefully before using
> it.
>
> --
> Those are my principles, and if you don't like them, I have others.
> --Groucho Marx