bracket creep definition

  • noun:
    • Informal A shift of personal income into an increased income tax bracket once the nonexempt earnings increases with time.
    • Increased taxation that arises when an inflation modification to a wage or income pushes a taxpayer into a higher taxation bracket (or, in a progressive taxation regime, further into a bracket).
    • a movement into an increased tax bracket as nonexempt income increases

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  • Definition for "bracket creep"
    • Informal A shift of personal income into an…
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  • Synonym for "bracket creep"
  • Hypernym for "bracket creep"
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