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View Diary: Middle class could be hit hardest by chained CPI (41 comments)

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  •  On the contrary ... (0+ / 0-)

    It's very doubtful the government would apply C-CPI retrospectively the way you suggest, in part because that would in fact increase the calculated level of real wages received in past years.  It's exactly this effect (on a going forward basis) that drives the tax increases shown in the graphic in Roger Fox's post above.

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