Definition: The ability to pay principle is the widely held view that the amount of taxes someone pays should increase as their income increases.
Terms related to The Ability to Pay Principle:
- Should Income Tax Rates Depend on Lifetime Earnings?
- Are Sales Taxes More Regressive Than Income Taxes?
- Do Richer People Pay a Higher Proportion of Tax Under a Flat Tax?
Writing a Term Paper? Here are a few starting points for research on The Ability to Pay Principle:
Books on The Ability to Pay Principle: