NC State ag economist Dr. Mike Walden – “Are taxes included in the government’s price index”
Story Date: 10/9/2017

 

Source: SOUTHERN  FARM NETWORK, 10//9/17

Mary:  I’m Mary Walden, with economist MW, welcoming you to the economic perspective.  Today’s program asks if taxes are included in the government’s price index.  Mike, one of the good-news items in today’s economy is the relatively low level of inflation, which has been running between 1 and 2% for the past several years.  Yet one question I hear asked is whether taxes are included in the government’s measure of prices.   Are they?

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