The administration has tried to conceal its intentions, in its usual passive-aggressive manner. By casting its proposal as merely a request for comment on several possible changes in inflation indexes, the White House can claim it’s neutral about the choices. But most of the other choices aren’t really appropriate for any broad-based income-tested program. The filing, moreover, mentions that the chained CPI already is used by the IRS in adjusting federal tax brackets, a change mandated by the tax cut legislation of 2017. The mention, as it happens, is so obscure that only an expert in tax law would be sure to notice it.
Source: Los Angeles Times May 07, 2019 22:52 UTC