On the recordApril 10, 2013
The biggest impact by the tax increase caused by the chained CPI hits families who are earning somewhere between $10,000 and $20,000 because they would be pushed up into the higher brackets faster.
Source
congress.govThe biggest impact by the tax increase caused by the chained CPI hits families who are earning somewhere between $10,000 and $20,000 because they would be pushed up into the higher brackets faster.
Becerra highlights the disproportionate tax burden on low-income families due to chained CPI.
Share
More from Xavier Becerra
That's the everyday miracle of living in a state that makes the improbable seem inevitable. And I couldn't have done it without you.
Donald Trump is afraid he's going to lose his slim majority of Republicans come 2026. So he's trying to rig the process to give himself more Republicans.