Meaning Of The Word Fiscal drag
What's the definition of Fiscal drag? Find Fiscal drag meanings, definitions and more at the Real Dictionary online.
Fiscal drag Meaning
| Fiscal drag Definition |
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What's The Definition Of Fiscal drag?
fiscal drag in British English
noun: the process by which, during inflation, rising incomes draw people into higher tax brackets, so that their real incomes may fall; this acts as a restraint on the expansion of the economy |
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