单词 | bracket creep |
释义 | > as lemmasbracket creep bracket creep n. the movement of a taxpayer into a higher tax bracket due to an inflation-linked rise in income; also in extended use. Π 1977 N.Y. Times 18 Jan. 19/6 This is essentially the result of ‘bracket creep’—the movement of taxpayers into higher brackets even if their income rises only enough to keep pace with higher prices. 1988 Washington Post (Nexis) 14 Feb. (Mag. section) 35 With bracket creep, the Integra moves up to this list [of cars priced from $12,000 to $20,000]. 2003 Sunday Mail (Brisbane) 11 May 97/1 Bracket creep is the bane of middle-class Australians. As their income rises to keep pace with inflation, they find themselves paying a higher rate of tax. < as lemmas |
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