Definitions for bracket creep

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Random House Webster's College Dictionary

brack′et creep`(n.)

  1. the movement of a wage earner into a higher federal income-tax bracket as a result of wage increases intended to help offset inflation.

    Category: Business

Wiktionary

  1. bracket creep(Noun)

    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).


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