tax bracket creep
1tax-bracket creep — /taks brak it/. See bracket creep. * * * …
2tax-bracket creep — /taks brak it/. See bracket creep …
3bracket creep — The gradual movement into higher tax brackets when incomes increase as a result of inflation. Bloomberg Financial Dictionary * * * bracket creep ˈbracket ˌcreep noun [uncountable] when people earn more money, move to a higher tax bracket, and pay …
4bracket creep — ☆ bracket creep n. Informal an advance into a higher income tax bracket resulting from an increase in nominal income: the higher taxes, when combined with the effects of inflation, may produce a decline in real income …
5bracket creep — /ˈbrækət krip/ (say brakuht kreep) noun the gradual shift, as a result of inflation, of an income subject to a progressive income tax, from one tax bracket to another where more tax is paid despite the real level of the income (its purchasing… …
6bracket creep — The tendency of inflation to push people into higher tax brackets. ► “There was a huge but unlegislated hike in effective marginal tax rates in 1970– 1980. This was because of bracket creep the collision of inflation with a steeply progressive… …
7bracket-creep — brackˈet creep noun An inflationary phenomenon whereby a salary rise makes a taxpayer less well off by pushing him or her into a higher tax bracket • • • Main Entry: ↑bracket …
8bracket creep — brack′et creep n. bus the movement of a wage earner into a higher federal income tax bracket as a result of wage increases intended to help offset inflation …
9bracket creep — noun a movement into a higher tax bracket as taxable income increases • Hypernyms: ↑income tax …
10bracket creep — noun Date: 1978 movement into a higher tax bracket as a result of income rises intended to offset the effects of inflation …
