Author Archives: Menzie Chinn

WSJ Op-Ed on Implications of EJ Antoni’s Views on Inflation

From Bunn and Pomerleau/Tax Foundation, “Will E.J. Antoni Raise Your Taxes?”:

Every year the IRS adjusts more than a dozen tax thresholds to account for inflation, a process called indexing. In 2020 the 10% tax bracket applied to income up to $9,875 for single individuals and $19,750 for married couples. Thanks to inflation indexing, those thresholds are now $11,925 and $23,850, respectively.

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What’s the Defense for Antoni’s Nomination?

Exactly that he doesn’t have citations! From Daily Signal:

 

President Donald Trump was right to fire BLS Commissioner Erika McEntarfer, a Biden appointee, for these mistakes, even if they were the result of systemic flaws, not partisanship. Antoni, whom Trump nominated as her replacement on Monday, can restore integrity and precision to our most critical economic data agency.

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