noun
fiscal drag
Economic term referring to the effect of inflation pushing taxpayers into higher tax brackets, increasing tax revenue without a change in tax rates, and thereby slowing economic growth.
インフレが進むと、フィスカルドラッグによって実質的な税負担が増える。
As inflation progresses, the real tax burden increases due to fiscal drag.
Variant with a middle dot, sometimes used for clarity.
Borrowed from English 'fiscal drag'.