bracket creep Antonyms
No Synonyms and anytonyms found
Meaning of bracket creep
Wordnet
bracket creep (n)
a movement into a higher tax bracket as taxable income increases
FAQs About the word bracket creep
a movement into a higher tax bracket as taxable income increases
No synonyms found.
No antonyms found.
Many taxpayers are concerned about bracket creep eroding their purchasing power.
Governments often adjust tax brackets to prevent excessive bracket creep.
With inflation on the rise, many workers are experiencing the effects of bracket creep.
Economic policies aimed at curbing bracket creep can provide relief to middle-income earners.