On this page:
Definition of the noun Ability-to-Pay
What does Ability-to-Pay mean as a name of something?
- [context: tax] The principle that taxes should vary according to an individual's level of wealth or income.
Printed dictionaries and other books with definitions for Ability-to-Pay
Click on a title to look inside that book (if available):
by N. B. Ghodke
ABILITY-TO-PAY PRINCIPLE (*Public finance) One of the two distinct principles of taxation, the other being the "benefit principle". The principle states that the recipients of income and/or the owners of property (wealth) ought to contribute to the ...
Online dictionaries and encyclopedias with entries for Ability-to-Pay
Click on a label to prioritize search results according to that topic:
Quotes about Ability-to-Pay
Share this page
Go to the usage examples of Ability-to-Pay to see it in context!