BRACKET CREEP

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does bracket creep mean? 

• BRACKET CREEP (noun)
  The noun BRACKET CREEP has 1 sense:

1. a movement into a higher tax bracket as taxable income increases

  Familiarity information: BRACKET CREEP used as a noun is very rare.

 Dictionary entry details 

• BRACKET CREEP (noun)

Sense 1

Meaning:

A movement into a higher tax bracket as taxable income increases

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("bracket creep" is a kind of...):

income tax (a personal tax levied on annual income)