RetireSafe Calls Proposed “Chained” Consumer Price Index a Tax Increase on Older Americans!
WASHINGTON, July 9, 2011 /PRNewswire-USNewswire/ — Today, RetireSafe President Thair Phillips called proposed efforts to establish a “chained” consumer price index (CPI) as the standard used to determine annual Social Security cost-of-living adjustments (COLAs), “an unfair tax on older Americans.” “With President Obama and a number of the Congressional Leaders apparently poised to again attack ...