"bracket creep" meaning in English

{
  "head_templates": [
    {
      "args": {
        "1": "-"
      },
      "expansion": "bracket creep (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English entries with topic categories using raw markup",
          "parents": [
            "Entries with topic categories using raw markup",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English terms with non-redundant non-automated sortkeys",
          "parents": [
            "Terms with non-redundant non-automated sortkeys",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Taxation",
          "orig": "en:Taxation",
          "parents": [
            "Government",
            "Law",
            "Money",
            "Politics",
            "Society",
            "Justice",
            "Business",
            "All topics",
            "Economics",
            "Fundamental",
            "Social sciences",
            "Sciences"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "1985, C. Eugene Steuerle, Taxes, Loans, and Inflation: How the Nation's Wealth Becomes Misallocated, page 34",
          "text": "The corporate tax is essentially a flat-rate tax; thus there is no bracket creep.",
          "type": "quotation"
        },
        {
          "ref": "1990, John B. Shoven, Joel Waldfogel, Debt, Taxes, and Corporate Restructuring, page 27",
          "text": "Bracket creep, however, was occurring only among individuals, not corporations. All other things being equal, this bracket creep increased the extent to which borrowing would be undertaken by individuals, not corporations.",
          "type": "quotation"
        },
        {
          "text": "2001, Frederick C. v N. Fourie, How to Think and Reason in Macroeconomics, 2nd edition, page 290,\nBracket creep can be avoided by regularly adjusting tax brackets for inflation, so that the tax brackets remain unchanged in real terms."
        }
      ],
      "glosses": [
        "The move towards increased taxation 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)."
      ],
      "id": "en-bracket_creep-en-noun-YmyRwXaf",
      "links": [
        [
          "taxation",
          "taxation"
        ],
        [
          "wage",
          "wage"
        ],
        [
          "salary",
          "salary"
        ],
        [
          "taxpayer",
          "taxpayer"
        ],
        [
          "tax bracket",
          "tax bracket"
        ],
        [
          "progressive taxation",
          "progressive taxation"
        ]
      ],
      "raw_glosses": [
        "(taxation) The move towards increased taxation 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)."
      ],
      "related": [
        {
          "word": "fiscal drag"
        }
      ],
      "tags": [
        "uncountable"
      ],
      "topics": [
        "economics",
        "government",
        "science",
        "sciences",
        "taxation"
      ],
      "translations": [
        {
          "code": "de",
          "lang": "German",
          "sense": "increased taxation caused by inflation",
          "tags": [
            "feminine"
          ],
          "word": "kalte Progression"
        }
      ],
      "wikipedia": [
        "bracket creep"
      ]
    }
  ],
  "word": "bracket creep"
}

{
  "head_templates": [
    {
      "args": {
        "1": "-"
      },
      "expansion": "bracket creep (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "related": [
    {
      "word": "fiscal drag"
    }
  ],
  "senses": [
    {
      "categories": [
        "English entries with incorrect language header",
        "English entries with topic categories using raw markup",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with non-redundant non-automated sortkeys",
        "English terms with quotations",
        "English uncountable nouns",
        "Quotation templates to be cleaned",
        "en:Taxation"
      ],
      "examples": [
        {
          "ref": "1985, C. Eugene Steuerle, Taxes, Loans, and Inflation: How the Nation's Wealth Becomes Misallocated, page 34",
          "text": "The corporate tax is essentially a flat-rate tax; thus there is no bracket creep.",
          "type": "quotation"
        },
        {
          "ref": "1990, John B. Shoven, Joel Waldfogel, Debt, Taxes, and Corporate Restructuring, page 27",
          "text": "Bracket creep, however, was occurring only among individuals, not corporations. All other things being equal, this bracket creep increased the extent to which borrowing would be undertaken by individuals, not corporations.",
          "type": "quotation"
        },
        {
          "text": "2001, Frederick C. v N. Fourie, How to Think and Reason in Macroeconomics, 2nd edition, page 290,\nBracket creep can be avoided by regularly adjusting tax brackets for inflation, so that the tax brackets remain unchanged in real terms."
        }
      ],
      "glosses": [
        "The move towards increased taxation 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)."
      ],
      "links": [
        [
          "taxation",
          "taxation"
        ],
        [
          "wage",
          "wage"
        ],
        [
          "salary",
          "salary"
        ],
        [
          "taxpayer",
          "taxpayer"
        ],
        [
          "tax bracket",
          "tax bracket"
        ],
        [
          "progressive taxation",
          "progressive taxation"
        ]
      ],
      "raw_glosses": [
        "(taxation) The move towards increased taxation 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)."
      ],
      "tags": [
        "uncountable"
      ],
      "topics": [
        "economics",
        "government",
        "science",
        "sciences",
        "taxation"
      ],
      "wikipedia": [
        "bracket creep"
      ]
    }
  ],
  "translations": [
    {
      "code": "de",
      "lang": "German",
      "sense": "increased taxation caused by inflation",
      "tags": [
        "feminine"
      ],
      "word": "kalte Progression"
    }
  ],
  "word": "bracket creep"
}