Fiscal drag

(economics) the process by which, during inflation, rising incomes draw people into higher tax brackets, so that their real incomes may fall; this acts as a restraint on the expansion of the economy


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    [fis-kuh l] /ˈfɪs kəl/ adjective 1. of or relating to the public treasury or revenues: fiscal policies. 2. of or relating to financial matters in general. noun 3. (in some countries) a prosecuting attorney. 4. Philately. a revenue stamp. /ˈfɪskəl/ adjective 1. of or relating to government finances, esp tax revenues 2. of or involving […]

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    [fish-er-dee-skou; German fish-uh r-dees-kou] /ˈfɪʃ ərˈdi skaʊ; German ˈfɪʃ ərˈdis kaʊ/ noun 1. Dietrich [dee-trik;; German dee-trikh] /ˈdi trɪk;; German ˈdi trɪx/ (Show IPA), 1925–2012, German baritone. /German -ˈdiːskau/ noun 1. Dietrich (ˈdiːtrɪç). 1925–2012, German baritone, noted particularly for his interpretation of Schubert’s song cycles

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