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Across the board tax cuts can certainly lead to inflation. More, if they're large. Or less, depending on the extent to which they're financed by tax increases.
by scarmig 9y ago
Across the board tax cuts can certainly lead to inflation. More, if they're large. Or less, depending on the extent to which they're financed by tax increases.
- lostcolony 9y agoMost of us started getting more money in our paycheck as of earlier this year; CPI held basically steady at ~2.2% (it's actually, at least for the first quarter, been lower than last year's first quarter, https://data.oecd.org/price/inflation-cpi.htm https://data.oecd.org/price/inflation-cpi.htm).