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bracket creep

noun

  1. the gradual movement of a wage earner into a higher federal income-tax bracket as a result of wage increases intended to help offset inflation.



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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

If inflation spikes later in the year, as it did in 2021, bracket creep is more likely.

Read more on Seattle Times

To avoid bracket creep, the government began adjusting, or indexing, tax brackets for inflation in the early 1980s, after a long period of raging inflation.

Read more on New York Times

When Reagan entered office, stagflation was undercutting the credibility of economic technocrats and breeding tax revolts through “bracket creep.”

Read more on Washington Post

As a single tax filer myself, I noticed that unmarried taxpayers may actually suffer "bracket creep" that may translate into a higher tax liability in 2018.

Read more on Salon

And even if you had bracket creep then you can maybe recognize that you have bracket creep now.

Read more on Salon

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