{"id":8259,"date":"2022-07-02T15:57:37","date_gmt":"2022-07-02T15:57:37","guid":{"rendered":"http:\/\/lonecandle.com\/?p=8259"},"modified":"2022-07-02T15:57:37","modified_gmt":"2022-07-02T15:57:37","slug":"inflation-strikes-twice-for-many-retirees","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=8259","title":{"rendered":"Inflation strikes twice for many retirees"},"content":{"rendered":"\n<p>\n\n&#8220;Spiking inflation is helping push up taxes on a group that lawmakers are loath to cross: the elderly.<\/p>\n\n\n\n<p>While Social Security benefits increase along with rising prices, and seniors just received a fat cost-of-living adjustment, the threshold at which they can begin to owe taxes on that money is not adjusted for inflation \u2014 and hasn\u2019t been changed since the Reagan administration.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/news\/2022\/06\/05\/inflation-retirees-social-security-00036420\">https:\/\/www.politico.com\/news\/2022\/06\/05\/inflation-retirees-social-security-00036420<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Spiking inflation is helping push up taxes on a group that lawmakers are loath to cross: the elderly.<\/p>\n<p>While Social Security benefits increase along with rising prices, and seniors just received a fat cost-of-living adjustment, the threshold at which they can begin to owe taxes on that money is not adjusted for inflation \u2014 and hasn\u2019t been changed since the Reagan administration.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[217,165,1671,1316,1672,675],"class_list":["post-8259","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-economics","tag-economy","tag-elderly","tag-inflation","tag-seniors","tag-social-security"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8259"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8259\/revisions"}],"predecessor-version":[{"id":8260,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8259\/revisions\/8260"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}