bracket creep(redirected from Bracket Creeps)
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A shift of personal income into a tax bracket with a higher tax rate as a result of inflation.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
the movement of a wage earner into a higher federal income-tax bracket as a result of wage increases intended to help offset inflation.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.