释义 |
Definition of bracket creep in English: bracket creepnoun mass nounAustralian, NZ Increased tax liability that results from a rise in income or incomes. inflation may just lower our real wages, rather than contributing to bracket creep Example sentencesExamples - He has all but ruled out Labor tackling the bracket creep problem by indexing the tax thresholds.
- If "bracket creep" has made things bad at the higher end, its impact on the basic rate of tax has been devastating.
- To fix real bracket creep permanently, tax brackets should be adjusted for real income gains, or tax rates should be cut slightly each year.
- The average New Zealand worker has had the second-biggest increase in income tax in the OECD, largely because of the bracket creep issue.
- These figures ignored the amount collected through bracket creep in the first years of the Howard Government.
- I looked at bracket creep which is effectively the force of higher wages pushing people into higher tax payment areas, into higher brackets of tax payment.
- The measure was introduced to reduce the frequency of bracket creep.
- Bracket creep has seen 12% of New Zealanders now paying tax in the top bracket.
- How much bracket creep is the Government gathering this year?
- All they've got is the extra $9,000 they've been paying through in federal taxes as a result of bracket creep and tax hikes in the past.
Definition of bracket creep in US English: bracket creepnoun Australian, NZ Movement into a higher tax bracket as taxable income increases. inflation may just lower our real wages, rather than contributing to bracket creep Example sentencesExamples - If "bracket creep" has made things bad at the higher end, its impact on the basic rate of tax has been devastating.
- How much bracket creep is the Government gathering this year?
- The average New Zealand worker has had the second-biggest increase in income tax in the OECD, largely because of the bracket creep issue.
- He has all but ruled out Labor tackling the bracket creep problem by indexing the tax thresholds.
- All they've got is the extra $9,000 they've been paying through in federal taxes as a result of bracket creep and tax hikes in the past.
- To fix real bracket creep permanently, tax brackets should be adjusted for real income gains, or tax rates should be cut slightly each year.
- Bracket creep has seen 12% of New Zealanders now paying tax in the top bracket.
- I looked at bracket creep which is effectively the force of higher wages pushing people into higher tax payment areas, into higher brackets of tax payment.
- These figures ignored the amount collected through bracket creep in the first years of the Howard Government.
- The measure was introduced to reduce the frequency of bracket creep.
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