bracket creep

noun

Definition of bracket creep

: movement into a higher tax bracket as a result of income rises intended to offset the effects of inflation

Examples of bracket creep in a Sentence

Recent Examples on the Web One of the first things Reagan did as president was to end bracket creep. Timothy Noah, The New Republic, 15 July 2021 Has the funding for this bracket creep been calculated and allocated? Star Tribune, 23 Mar. 2021 This is because real bracket creep — wages growing faster than inflation — pushes families into higher marginal tax brackets over time. Brian Riedl, National Review, 6 Nov. 2020 And tax revenue was generated by an expanding economy rather than pilfered through bracket creep. Phil Gramm And, WSJ, 3 Aug. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bracket creep.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of bracket creep

1977, in the meaning defined above

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Time Traveler for bracket creep

Time Traveler

The first known use of bracket creep was in 1977

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Dictionary Entries Near bracket creep

bracket crab

bracket creep

bracketed

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Statistics for bracket creep

Cite this Entry

“Bracket creep.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bracket%20creep. Accessed 7 Dec. 2021.

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