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Definition of Bracket creep
1. Noun. A movement into a higher tax bracket as taxable income increases.
Generic synonyms: Income Tax
Definition of Bracket creep
1. Noun. (taxation) Increased taxation that arises 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). ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Bracket Creep
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