Xavier Becerra actually said...
The person who makes $450,000 in income will see a very small hit from the change to a chained CPI when it comes to what they pay in taxes, whereas the person earning $53,000, the middle of America, will see a much greater increase in their taxes.
Context
Becerra argues that the tax changes from chained CPI unfairly affect middle-income earners more than high earners.
04/10/2013