[ding_dong_daddy_from_dumas]

Income tax rates are indexed for inflation.

How accurate is the government's measure of "inflation?" Aren't there private companies who come up with different numbers from the government?

[Toddsterpatriot]

The government measure is probably pretty accurate.
I’m not aware of any private numbers.
If you find some, please let me know.

[algernonpj]

How accurate is the government's measure of "inflation?" Aren't there private companies who come up with different numbers from the government?

You can go to shadowstats.com and get a chart of inflation calculated with out the 'enhancements' that have changed the CPI from measuring the cost of maintaining a set standard of living to maintaining the cost of maintaining a declining standard of living.



Among the biases which tamp down the CPI are the hedonic index, the substitution effect, home owner's rental equivalence, chained dollars, geometric weighting, and intervention analysis. If you want more specifics contact me.