Several tax parameters, including the standard deduction, the personal exemption, and the income levels at which brackets begin and end, are adjusted each year based on changes in the Consumer Price Index.
http://www.aei.org/article/economics/retirement/social-security/the-chained-cpi-a-path-to-bipartisan-deficit-reduction/
http://www.aei.org/article/economics/retirement/social-security/the-chained-cpi-a-path-to-bipartisan-deficit-reduction/
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