Helena
Full time employment: Posting here.
- Joined
- Aug 27, 2006
- Messages
- 994
Mod note - these posts were moved from the tax bill thread to begin a new and separate discussion here.
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I wonder if either the House or the Senate bothered to address the decades old mess they made when they linked the tax on Social Security to an income that was not indexed for inflation, never increases due to inflation and is now a burden on low income seniors.
Speaking of inflation... both the House and Senate versions use Chained CPI for items that are indexed for inflation which means future inflation increases will be lower.
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I wonder if either the House or the Senate bothered to address the decades old mess they made when they linked the tax on Social Security to an income that was not indexed for inflation, never increases due to inflation and is now a burden on low income seniors.
Speaking of inflation... both the House and Senate versions use Chained CPI for items that are indexed for inflation which means future inflation increases will be lower.
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