fiscal drag
C1CEFR level
80/100Rarity: very rare
TechnicalRegister
The stealthy rise in effective tax burden as inflation pushes incomes into higher bands whose thresholds stay frozen.
Freezing the allowances for six years is fiscal drag doing the Treasury's work quietly.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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