Bracket creep happens when taxpayers are pushed into higher tax brackets because of inflation.
Bracket creep is like a good pickpocket.
It is a tax hike imposed on taxpayers each year without their knowledge or consent. All the politicians have to do is watch the bucks roll in without ever having to the legislature to get permission for a tax increase. The outcry against bracket creep is growing. A broad cross-section of taxpayer, business, and labour interests from across the country are calling for provincial and federal governments to end bracket creep. Otherwise real tax relief will remain a mirage.