WhatFinger

You might get a raise that outpaces inflation, and that might put you into a higher tax bracket. But even if that happens, you're still going to pay less

NPR thinks it's found a way the tax cut raises your taxes. It's wrong.


NPR thinks it's found a way the tax cut raises your taxes This one was going around a lot on social media, and the left - which is desperate to find something wrong with the tax cut - is seizing on it as proof that the whole thing is really just a screw job that will result in a tax hike for the middle class. The only problem is that they don't understand what they're reading, nor does NPR, which reported it, understand what it's talking about. But it doesn't mean what they want it to mean, mainly because they don't seem to understand how marginal tax rates work. According to NPR, you're going to get a tax hike after all because the new tax law uses something called chained CPI to calculate inflation:
Read Full Article...

Welcome to CFP’s Comment Section!

The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.

Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.

Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.

We ask only that commenters keep it civil, keep it clean.

Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.

READ OUR Commenting Policy


CFP Comments

Commenting is not available in this channel entry.

Comments


Support Canada Free Press

Donate


Recommended by Canada Free Press


Subscribe

Sponsored
!-- END RC STICKY -->