Bracket
61bracket clock — a small clock designed to be placed on a bracket or shelf. [1890 95] * * * English spring driven pendulum clock, more properly known as a table clock or spring clock. The earliest of these clocks, made for a period after 1658, were of… …
62bracket creep — /ˈbrækət krip/ (say brakuht kreep) noun the gradual shift, as a result of inflation, of an income subject to a progressive income tax, from one tax bracket to another where more tax is paid despite the real level of the income (its purchasing… …
63bracket crab — noun or bracket crane : a hoisting crab placed like a bracket against a wall or post …
64bracket-creep — brackˈet creep noun An inflationary phenomenon whereby a salary rise makes a taxpayer less well off by pushing him or her into a higher tax bracket • • • Main Entry: ↑bracket …
65bracket creep — noun Date: 1978 movement into a higher tax bracket as a result of income rises intended to offset the effects of inflation …
66bracket 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. * * * …
67bracket fungus — the leathery, corky, or woody, shelflike basidiocarp of certain wood rotting fungi that form on tree trunks, lumber, etc.; conk. [1895 1900] * * * or shelf fungus Basidiomycete that forms shelflike sporophores (spore producing organs). Bracket… …
68bracket indexation — A change in the upper and lower limits of any particular taxation bracket in line with an index of inflation. This is needed in times of inflation to avoid fiscal drag (the tax system collecting unduly large amounts of tax) …
69bracket creep — brack′et creep n. bus the movement of a wage earner into a higher federal income tax bracket as a result of wage increases intended to help offset inflation …
70bracket creep — The tendency of inflation to push people into higher tax brackets. ► “There was a huge but unlegislated hike in effective marginal tax rates in 1970– 1980. This was because of bracket creep the collision of inflation with a steeply progressive… …
