With inflation spiking, will states and voters give grocery taxes a second look?

With inflation spiking, will states and voters give grocery taxes a second look?

This post was originally published on this siteThirteen states have a tax on groceries, which tends to have a greater impact on people who make less money.     

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Omicron Will Cause Problems, but Inflation May Not Be One

Omicron Will Cause Problems, but Inflation May Not Be One

This post was originally published on this siteThe Covid-19 variant could further disrupt supply chains, but with another round of stimulus checks unlikely, demand could suffer as well.

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Why is the Biden administration increasing the cost of building houses?

Why is the Biden administration increasing the cost of building houses?

This post was originally published on this site The Biden administration has doubled duties on lumber imported from Canada. Critics argue it hurts the goal of affordable housing. (Image credit: Drew Angerer/Getty Images)

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Democrats race to get ahead of inflation

Democrats race to get ahead of inflation

This post was originally published on this siteDemocrats are racing to get ahead of high inflation as rising prices dampen an otherwise strong recovery.The U.S. economy has steamed ahead of every other nation hit hard by the COVID-19 pandemic, powering through new variants and other pandemic-…

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Nearly half of Americans experiencing financial hardship due to inflation: poll

Nearly half of Americans experiencing financial hardship due to inflation: poll

This post was originally published on this siteNearly half of Americans in a new Gallup Poll reported that recent price increases are causing their family some degree of financial hardship, with 10 percent describing the hardship as severe.Overall, 45 percent of respondents said that…

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Sen. Elizabeth Warren is focused on bringing in more tax revenue for the IRS

Sen. Elizabeth Warren is focused on bringing in more tax revenue for the IRS

This post was originally published on this siteNPR’s Steve Inskeep speaks with Democratic Sen. Elizabeth Warren of Massachusetts about the U.S. economy and rising inflation.

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Global Inflation Set to Be Higher for Longer, Says OECD

Global Inflation Set to Be Higher for Longer, Says OECD

This post was originally published on this siteThe pickup in inflation rates around the world will be longer-lasting and sharper than previously anticipated, with a growing risk that households and businesses grow accustomed to faster price rises, the research group said in its latest forecasts.

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Inflation is at 30-year highs. Here’s how it’s hurt past presidents

Inflation is at 30-year highs. Here’s how it’s hurt past presidents

This post was originally published on this site One of the lessons from inflationary eras past is that voters are less interested in causal responsibility than in forcing a change. In other words, if you are in office now, you are holding the bag. (Image credit: Denver Post/Denver Post via...

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‘Buy Nothing’ Groups Gain Ground as Inflation Antidote

‘Buy Nothing’ Groups Gain Ground as Inflation Antidote

This post was originally published on this siteIn a season of shopping, the Buy Nothing movement grows. Items are free and range from food to furniture. Buying, selling and bartering aren’t allowed.

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