HyperDic: bracket_creep

English > 1 sense of the expression bracket creep:
NOUNpossessionbracket creepa movement into a higher tax bracket as taxable income increases
English > bracket creep: 1 sense > noun 1, possession
MeaningA movement into a higher tax bracket as taxable income increases.
Broaderincome taxA personal tax levied on annual income

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