Quote:
Originally Posted by Slava
I don’t know if this is the thread for this, but that’s 4.5% year over year. Long term, we’re not actually much off the usual inflation rate.
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Yeah so if taxes go up 3% in a 4.5% inflation environment that is a 1.5% tax cut.
Edit - or are you saying that last year we were deflationary therefore this years higher increase puts us back to say a 5 year average?