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.