bracket creep: Definition from Answers.com:
"Investment Dictionary: Bracket Creep
A situation where inflation pushes income into higher tax brackets. The result is an increase in income taxes but no increase in real purchasing power.
Investopedia Says:
This is a problem during periods of high inflation as income tax codes typically take a longer time to change."
2008년 8월 19일 화요일
bracket creep
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