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 And tax revenue was generated by an expanding economy rather than pilfered through bracket creep. Phil Gramm And, WSJ, "Reagan Cut Taxes, Revenue Boomed," 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.

First Known Use of bracket creep

1977, in the meaning defined above

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The first known use of bracket creep was in 1977

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Cite this Entry

“Bracket creep.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bracket%20creep. Accessed 31 Oct. 2020.

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