NPR logo John Ydstie Reports That Most Households Would Pay Higher Taxes,

John Ydstie Reports That Most Households Would Pay Higher Taxes,

John Ydstie Reports That Most Households Would Pay Higher Taxes,

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if the government were to change the way it calculates inflation, as recommended by a Congressional commission. To protect taxpayers from inflation, the tax code is pegged to the Consumer Price Index. Reducing the CPI by one-point-one percent a year, as the commission recommends, would effectively raise most people's taxes.