tst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 1 year agoU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comexternal-linkmessage-square92fedilinkarrow-up1351arrow-down116
arrow-up1335arrow-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 · 1 year agomessage-square92fedilink
minus-squareYewb@kbin.sociallinkfedilinkarrow-up10arrow-down4·1 year agoThey have changed how they calculated inflation twice in the last 2 years.
minus-squareventrix@lemm.eelinkfedilinkEnglisharrow-up5·1 year 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-up1·1 year 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.
They have changed how they calculated inflation twice in the last 2 years.
Got more info?
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.