Vocab Bloom Hub

bracket creep

/ˈbrækɪt kriːp/

Traducción: Situación en la que la inflación empuja los ingresos hacia tramos impositivos más altos, aumentando la carga fiscal sin un incremento real del poder adquisitivo.

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/ˈbrækɪt kriːp/C1formalbusiness
  • esSituación en la que la inflación empuja los ingresos hacia tramos impositivos más altos, aumentando la carga fiscal sin un incremento real del poder adquisitivo.

A situation where inflation pushes income into higher tax brackets, resulting in an increased tax burden without an actual increase in real purchasing power.

  1. Taxation phenomenonC1formal

    The process by which inflation pushes taxpayers into higher income tax brackets, resulting in an increase in their tax liability without an increase in real income.

    esProgresividad en frío

    • Many workers experienced bracket creep as their salaries rose with inflation.
    • The government adjusted tax brackets to prevent bracket creep from affecting low-income earners.
    • Bracket creep can reduce the purchasing power of a household over time.