| / English Dictionary |
BRACKET CREEP
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A movement into a higher tax bracket as taxable income increases
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("bracket creep" is a kind of...):
income tax (a personal tax levied on annual income)
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