フィスカルドラッグ

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.

• インフレが進すすむと、フィスカルドラッグによって実じっ質しつ的てきな税ぜい負ふ担たんが増ふえる。

  As inflation progresses, the real tax burden increases due to fiscal drag.