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Bracket creep Moderate

Bracket creep has 2 different meanings across 1 category:

Noun

Definitions
Noun
1

a movement into a higher tax bracket as taxable income increases

2

The move towards increased taxation 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).

Related Terms
Broader Terms (hypernyms)
income tax
Rhyming Words
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