Nota: A tradução desta entrada está atualmente em revisão de qualidade, portanto parte do conteúdo é exibida temporariamente apenas em inglês.
Este verbete ainda não foi traduzido para o seu idioma, portanto o original é exibido abaixo.
bracket creep
bracket creep
Noun
This term is specific to economics and public policy, describing a phenomenon where inflation effectively raises taxes without a formal legislative change. It carries a negative connotation for taxpayers, as it represents a hidden tax increase that erodes real income.
Because it describes a systemic economic process, the term is treated as an uncountable noun. It does not have a plural form and is typically used with singular verbs or as part of a larger noun phrase describing fiscal trends.
Meanings
Related Words
taxinflationincomerevenuefiscalbracketlevytributetariffdutyexcisesurchargedeductionexemptionallowancethresholdprogressive taxregressive taxflat taxgross incomenet incometaxable incomepurchasing powercost of livingconsumer price indexhyperinflationdeflationstagnationwagesalaryfiscal policymonetary policytreasurybudgetdeficitsurpluseconomymacroeconomicsmicroeconomicswealthassetliabilityauditcomplianceevasionavoidancewithholdingrefundassessmentindexationadjustmenterosionstandard of livingtax basetax codelegislationstatuteregulationpolicygovernmentpublic financetreasury bondinterest rateliquiditycurrencydepreciationappreciation