Inflation Increases Taxes

 
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Manage episode 307958314 series 2294583
By Dan Wendol. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Are taxes going up because of inflation!? While many parts of the tax code are adjusted to account for inflation, some parts are not. That means higher taxes, in a way, as people experience "tax bracket creep." In this show we discuss several taxes that actually increase as inflation increases including Social Security, home sales, and state and local taxes.

327 episodes