bracket creep
bracket creep noun: 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).
Noun
bracket creep (uncountable)
- 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).
- The corporate tax is essentially a flat-rate tax; thus there is no bracket creep.1985, C. Eugene Steuerle, Taxes, Loans, and Inflation: How the Nation's Wealth Becomes Misallocated, page 34
- Bracket creep, however, was occurring only among individuals, not corporations. All other things being equal, this bracket creep increased the extent to which borrowing would be undertaken by individuals, not corporations.1990, John B. Shoven, Joel Waldfogel, Debt, Taxes, and Corporate Restructuring, page 27
bracket creep meaning in Tamil
bracket creep in Tamil
- அடைவு ஊர்வு
Questions about bracket creep
- What does bracket creep mean?
- Bracket creep means 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).
- What is bracket creep in Tamil?
- Bracket creep in Tamil is அடைவு ஊர்வு. See Bracket creep meaning in Tamil.
- What part of speech is bracket creep?
- Bracket creep is a noun.
Words near bracket creep in the dictionary
Source and license
Adapted from Wiktionary: bracket creep (page history and authors); bracket creep (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “bracket creep.” Word.ws, https://word.ws/bracket_creep. Based on Wiktionary, CC BY-SA 4.0.