We're all paying more for pretty much everything these days. But are you being paid more at work? Probably not, and while many Americans feel the situation's unfair, it could benefit them come income tax time. #WakeUpCLT #Money #Inflation In this video, Wake Up Charlotte anchor Ben Thompson explains why the IRS is moving its tax brackets to adjust for 2022's record inflation. In a normal year, the IRS moves tax brackets to adjust for inflation, but 2022 is different. With inflation on the rise, tax brackets are moving up, so you'll likely be in a lower tax bracket. This means the federal government will take less out of your pocket when you file your income taxes. All in an effort to help battle the rising prices.