John Ydstie Reports That Most Households Would Pay Higher Taxes,

Audio for this story from Morning Edition is not available.

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.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.