To: matt04
The bill for the first time would index the state's minimum wage to inflation. Starting in 2016, the minimum wage would rise each year at the same rate as the consumer price index for the Northeast.
Gee, think there will be a sort of symmetry between the Massachusetts unemployment rate and the inflation rate? Come hyperinflation, things will get very entertaining.
This cesspool of a state also recently indexed its gas tax for inflation. I hope to escape someday.
5 posted on
11/22/2013 6:33:19 PM PST by
LostInBayport
(When there are more people riding in the cart than there are pulling it, the cart stops moving...)
To: LostInBayport
This cesspool of a state also recently indexed its gas tax for inflation. At least it's cheaper than CT gas prices.
11 posted on
11/22/2013 6:37:59 PM PST by
matt04
To: LostInBayport
And if the inflation rate is negative the tax rate goes down? Right?
Didn’t think so...
To: LostInBayport
I hope to escape someday. That is our plan, as well!
60 posted on
11/22/2013 9:37:10 PM PST by
SuziQ
To: LostInBayport
Indexing is a cowards way for politicians to assure tax increases without having to publicly vote for them each time.
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