Is Inflation Biden's Fault? Could Tax Cuts Fix It? Here's What We Know

Polls suggest Republicans may have a very good Election Day, possibly ending the night with control of both the House and Senate. If that happens, inflation is likely to be a major reason why, as months of rising prices have Americans stressed about the future. The cost of just about everything from food to energy to clothing is increasing—costs were up 6.2% in September from a year earlier, according to the Federal Reserve’s preferred inflation gauge, the Bureau of Economic Analysis.

The reasons for these rising prices aren’t simple, but in advance...