Source: SOUTHERN FARM NETWORK, 12/8/17

 Mary:  This is Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program looks at the chained inflation rate.   Mike, one of the changes buried deep in initial tax plan released by the U.S. House of Representatives was the use of a different inflation rate to adjust tax brackets.  Why and how are tax brackets adjusted, and what is the new inflation rate?

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