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ετυμολογία

lower-income bracket - translation to Αγγλικά

PROCESS BY WHICH INFLATION PUSHES WAGES AND SALARIES INTO HIGHER TAX BRACKETS, LEADING TO FISCAL DRAG

Bracket Creep; Income tax slab creep

lower-income bracket

см. lower-bracket

lower-income bracket

группа (населения) с более низкими доходами

bracket creep

(вызываемый инфляцией) переход налогоплательщиков в группу доходов, подлежащих обложению по более высоким ставкам

Ορισμός

income tax

¦ noun tax levied directly on personal income.

Εμφάνιση περισσότερων ορισμών

Βικιπαίδεια

Bracket creep

Bracket creep is usually defined as the process by which inflation pushes wages and salaries into higher tax brackets, leading to fiscal drag. However, even if there is only one tax bracket, or one remains within the same tax bracket, there will still be bracket creep resulting in a higher proportion of income being paid in tax. That is, although the marginal tax rate remains unchanged with inflation, the average tax rate will increase.

Most progressive tax systems are not adjusted for inflation. As wages and salaries rise in nominal terms under the influence of inflation they become more highly taxed, even though in real terms the value of the wages and salaries has not increased at all. The net effect is that in real terms taxes rise unless the tax rates or brackets are adjusted to compensate.

https://en.wikipedia.org/wiki/Bracket creep

Παραδείγματα από το σώμα κειμένου για lower-income bracket

1. Higher taxation also affects them less since they tend to be in a lower–income bracket.

2. The youngster is likely to be in a lower income bracket and may pay as little as a 5 percent capital–gains tax upon sale of the asset.

3. "Those stranded here are mostly in the lower–income bracket and will have to shell out nearly 400 riyals, including fine and air ticket, to make an exit under this offer," he said.

4. The news is worse, in a sense, because the degrees have become so much more important than they were 30 years ago, and yet low–income kids still haven‘t closed that gap." The stress of paying for college is not exclusively felt by the lower–income bracket.

5. PASOK deputy Vasso Papandreou said the tax measures proved that the conservative government’s fiscal policy is not working and criticized state officials for targeting low–income groups. «The increase will weigh on cheap cigarettes, those that are consumed by people in the lower–income bracket and will harm the Greek tobacco industry,» she said.

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