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Most of the relevant numbers in the American tax code are inflation adjusted, but not all of them. The biggest ones for people on this website are probably the
by khuey 4mo ago
Most of the relevant numbers in the American tax code are inflation adjusted, but not all of them. The biggest ones for people on this website are probably the value of the Child Tax Credit and the thresholds at which the Net Investment Income Tax/Additional Medicare Tax kick in.
- asdff 4mo agoDon't forget prop 13 in california, probably many beneficiaries of that policy on this forum.
- khuey 4mo agoProp 13 is the other way around, inflation is to the taxpayer's advantage.
- onlyrealcuzzo 4mo agoImportant distinction: to the "HOME OWNER"s advantage.