Definición de taxflation en Inglés

taxflation

Pronunciación /taksˈfleɪʃn/

nombre

EEUU
  • The increase in income tax payable brought about when an inflation-linked rise in income causes a person to move into a higher tax bracket (and hence to be assessed at a higher rate).

Origen

1970s; earliest use found in The Los Angeles Times. From tax + -flation, after stagflation.