Tax Policy Center

consumer price index

Federal Budget and Economy: TaxVox
President Obama and House Speaker John Boehner may be close to agreeing on a plan that, among other things, would revise the way government programs are adjusted for inflation. Most attention is focused on what this means for Social Security recipients . But the Tax Policy Center estimates that
December 18, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
Should Congress use a new measure of inflation to index the tax code? It sounds awfully technical—and it is—but shifting to what most economists believe is a more accurate measure of inflation would gradually raise a substantial amount of new revenue for politicians scrambling to find ways to cut
July 7, 2011Howard Gleckman