tst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 11 months agoU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comexternal-linkmessage-square94fedilinkarrow-up1363arrow-down118
arrow-up1345arrow-down1external-linkU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comtst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 11 months agomessage-square94fedilink
minus-squareventrixlinkfedilinkEnglisharrow-up7·11 months agohttps://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/amp/ It doesn’t go into detail about how this can be used to affect or manipulate the cpi number but at least it states the fact and the official reasoning
minus-squareDeaddit@lemmy.fmhy.mllinkfedilinkEnglisharrow-up1·11 months agoAre the tax brackets also being adjusted by what they’re pegged to as well? I’m worried inflation numbers aren’t being attributed accurately causing more to go to taxes if the ranges aren’t updated correctly.
https://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/amp/
It doesn’t go into detail about how this can be used to affect or manipulate the cpi number but at least it states the fact and the official reasoning
Are the tax brackets also being adjusted by what they’re pegged to as well? I’m worried inflation numbers aren’t being attributed accurately causing more to go to taxes if the ranges aren’t updated correctly.