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bn:00012636n
Noun Concept
Categories: Inflation, Income taxes, Tax stubs
EN
bracket creep
EN
A movement into a higher tax bracket as taxable income increases WordNet 3.0
Definitions
Relations
Sources
EN
A movement into a higher tax bracket as taxable income increases WordNet 3.0 & Open English WordNet
Bracket creep is usually defined as the process by which inflation pushes wages and salaries into higher tax brackets, leading to fiscal drag. Wikipedia
Process by which inflation pushes wages and salaries into higher tax brackets, leading to fiscal drag Wikidata
The move towards increased taxation when an inflation adjustment to a wage or salary pushes a taxpayer into a higher tax bracket (or, in a progressive taxation regime, further into a bracket). Wiktionary
IS A
income tax
progressive tax
WordNet 3.0 & Open English WordNet
EN
bracket creep
Wikipedia
EN
bracket creep
Wikidata
EN
bracket creep
Wiktionary
EN
bracket creep
Wikipedia Redirections
EN
Bracket Creep, Income tax slab creep

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