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Yes, Obama’s chained CPI proposal is a tax hike

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Last night on Twitter I received some pushback from followers after I asserted that one reason conservatives should oppose President Obama’s chained CPI cuts to Social Security is that such a policy change would also amount to a tax hike on many middle-class families. It is. Here is how Americans for Tax Reform explains the issue: On the tax side, all income tax brackets are subject to...

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