Definitions
There is 1 meaning of the phrase
Bracket Creep.
Bracket Creep - as a noun
A movement into a higher tax bracket as taxable income increases
Example Sentences
"The government decided to adjust the tax brackets to avoid bracket creep."
"Many middle-class families are feeling the effects of bracket creep."
"Some argue that bracket creep is an unfair taxation practice."
"To address bracket creep, lawmakers should consider indexing tax brackets to inflation."
"High-earning individuals are more likely to experience bracket creep."
