fiscal drag

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fiscal drag

(Economics) Economics the process by which, during inflation, rising incomes draw people into higher tax brackets, so that their real incomes may fall; this acts as a restraint on the expansion of the economy

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economics			Indeed they are right as secret fiscal drag, failing to raise thresholds, has quietly brought more people into higher tax brackets - but not the richest, whose earnings rose fastest; no new tax band for them. If a Martian taxman landed now, he'd never guess Labour was in power by guardian.co.uk / guardian.co.uk But the social and business costs of casino gambling can outweigh the fiscal drag on the state, according to Kelly P. Coalition calls state casinos a sucker's bet by Telegram & Gazette (Worcester, MA) Once upon a time, it was a tax which affected only the super-rich, but rising house prices coupled with the phenomenon of fiscal drag have pulled more and more of Middle England into its ambit and this is now reaching a critical mass. Cameron's tightrope by The Journal (Newcastle, England)			first-named first-nighter first-order first-order correlation first-past-the-post first-place finish first-rate first-rater first-strike first-string first-time buyer first-timer first-year firstborn firsthand firstling firstly firsts firth Firth of Clyde Firth of Forth FIS FISA fisc fiscal fiscal drag fiscal policy fiscal year fiscally Fischer Fischer von Erlach Fischer's slime mushroom Fischer-Dieskau Fisetic Fisetin Fish fish and brewis fish and chips fish ball Fish bar Fish beam fish bowl fish cake fish chowder fish crow Fish culture Fish davit Fish day fish dealer fish doctor fish duck			Fiscal Affairs Office Fiscal agency agreement Fiscal Agency Service Fiscal agency services Fiscal Agent Fiscal Agent Fiscal Agent Organization Fiscal Agents Fiscal Analysis and Research Unit Fiscal and Financial Allocation and Monitoring Commission Fiscal and Statistical Management Act Fiscal Austerity and Urban Innovation Fiscal calendar Fiscal calendar Fiscal calendar Fiscal Cancel Fiscal committee Fiscal committee Fiscal committee Fiscal committee Fiscal Conservative in Name Only Fiscal Control and Internal Auditing Act Fiscal Crisis & Management Assistance Team Fiscal Deficit Fiscal Deficit Fiscal Deficit Fiscal Deficit Fiscal Director of the Marine Corps Fiscal discipline Fiscal discipline fiscal drag Fiscal Economics fiscal exchange Fiscal Guidance Fiscal Guidance Category Fiscal Guidance Memorandum Fiscal Impact Analysis Model Fiscal Impact Report Fiscal Intermediary Fiscal Intermediary Fiscal Intermediary Services Organization Fiscal Intermediary Standard System Fiscal Investment and Loan Programme Fiscal Invoice Processing System Fiscal issues Fiscal issues Fiscal issues Fiscal Issues, Policy and Education Finance Fiscal Management Fiscal Management and Accelerating Growth Fiscal Management Reform Program Fiscal Management Services Fiscal neutrality Fiscal Officer Fiscal Operation Report and Application to Participate fiscal period Fiscal Periods Fiscal policies Fiscal policies Fiscal policies

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