English - Turkish
Definition of fiscal drag in English Turkish dictionary
- (Ticaret) mali engel
English - English
Definition of fiscal drag in English English dictionary
- (Ekonomi) The deflationary effect of a progressive taxation system on a country's economy. As wages rise, a higher proportion of income is paid in tax
fiscal drag
Hyphenation
fis·cal dragTurkish pronunciation
fîskıl drägPronunciation
/ˈfəskəl ˈdrag/ /ˈfɪskəl ˈdræɡ/
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