ALL meanings of bracket creep
brack·et creep
B b - noun bracket creep an advance into a higher income tax bracket resulting from an increase in nominal income: the higher taxes, when combined with the effects of inflation, may produce a decline in real income 3
- noun bracket creep the gradual movement of a wage earner into a higher federal income-tax bracket as a result of wage increases intended to help offset inflation. 1
- noun bracket creep (taxation) Increased taxation that arises when an inflation adjustment to a wage or salary pushes a taxpayer into a higher tax bracket (or, in a progressive taxation regime, further into a bracket). 0