8 unexpected ways inflation can lead to higher taxes

8 unexpected ways inflation can lead to higher taxes

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Inflation has been the big economic story of 2022. Steep increases in consumer prices have hurt families in many ways—some of which aren’t so obvious.

You’re likely aware of the hefty increases in borrowing costs, home prices, rents, gas prices and groceries. But here’s something else to consider: how inflation can lead to higher taxes.

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