| 单词 | fiscal drag |
| 释义 | fiscal drag noun[U] ukusECONOMICS,TAX thesituationin whichpeoplepayalargerpartoftheirincomeintax, because thegovernmentdoes notincreasethelevelsat whichpeoplepaytaxat the samerateas that at whichinflationisincreasing: TheBudgetshowsthetaxburdenincreasingas aresultoffiscaldrag. Examplesoffiscal dragfiscal drag As a result, beneficiaries were exposed to 'fiscaldrag'. From theCambridge English Corpus When giving business news, the phrasefiscaldrag(whatever that may mean) becomes a truly obfuscating 'fiscal drug'. From theCambridge English Corpus The most significant single reason for an increase in income following a reduction in the top rates of income tax isfiscaldrag. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Fiscaldragcan be defined in various ways, and its relationship with the rate of inflation will vary with the definition chosen. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Nevertheless, the effect offiscaldragat what might be called the lower end of the higher income level is plain to see. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 A good deal has been said aboutfiscaldrag. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 He did not raise them sufficiently to take into accountfiscaldragand did not raise them enough to help the lower paid. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 We talk aboutfiscaldragfor income tax—but there is a reversefiscaldragfor the specific duties. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 In an inflationary period income goes up and there is an inflationaryfiscaldragwhich makes heavier the real burden on the same income. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 But the current system has spawned an even more effective form of taxation hidden in the morass—economists call it "fiscaldrag". From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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