By Tom Ozimek The Internal Revenue Service (IRS) has issued a reminder that millions of Americans are eligible for a tax credit that last year averaged over $2,000 but 20 percent of those entitled to the money didn’t claim it. “This is an extremely important tax credit that helps millions of hard-working people every year,” […]
Tag: Inflation
In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.