We're paying more to pay taxes

A postal clerk date-stamps an envelope containing U.S. Federal income tax forms destine for Kansas City, Mo.

Courtesy of the Wall Street Journal:

Inflation is riding at just about 1.5 percent, at an annualized rate, as Marketplace's Mitchell Hartman reported.

Buried just slightly deeper in the data, though was this: Inflation in the tax preparation and accounting fees category is up 5.1 percent.

So not only are we paying taxes this April 15, we're paying more to pay them.  

About the author

Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country.


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