JargonDatabase

Bracket Creep

One of the many unpleasant side effects of inflation. And increase in income pushes one into a higher braket, but since the gain has been due to inflation, there is no increase in buying power to go along with the higher tax bracket, which results in a net tax increase.

This bit of jargon has been viewed 8,032 times.

Blog Link Copy to Clipboard
What is this?

Return To Economics Jargon





Home | Add Jargon | F.A.Q | About | Contact
© 2020 JargonDatabase.com


Jargon Database is sponsored by Profit Awareness - discover your best clients, and get rid of your bad ones (Check out out business practices blog here)

Jargon Database was built by the best web development agency in Atlanta Georgia - Digital Tool Factory