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Many middle-income workers found that bracket creep had quietly increased their tax burden after recent inflation-driven pay rises.
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Many middle-income workers found that bracket creep had quietly increased their tax burden after recent inflation-driven pay rises.
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Related words
bracket creep
Noun
uncountable
Japanese Meaning
インフレーションなどで賃金が自動調整され、その結果、所得が上昇したと見なされ、より高い税率の区分に入ってしまう現象。 / 進行性課税制度の下で、賃金調整によって納税者がより高い税率の範囲に押し上げられる現象。
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