Jason Posted July 16, 2018 Share Posted July 16, 2018 Quote The 2.9 percent inflation for the 12-month period ending in June is a sign of a growing economy, but it's also a painful development for workers, whose tepid wage gains have failed to keep pace with the rising prices. http://www.chicagotribune.com/business/ct-biz-inflation-rates-20180713-story.html Anecdotally, I think the boost to my paycheck was 3.5%. But what's even better is if what I saw is correct the boost to our paychecks isn't really due to lower taxes, it's just due to lowered default withholdings. So if that's right then a bunch of people are gonna have a REALLY nasty shock in the spring when they see a much smaller refund, or even find themselves owing money. (Conveniently after the midterms, of course.) Quote Link to comment Share on other sites More sharing options...
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