ability to pay principle
noun[S]
ukusTAX,ECONOMICS
theprinciplethatpeopleshouldpaytaxaccordingto how muchmoneytheyearn
Examplesofability to pay principle
ability to pay principle
Theabilitytopayprincipleis one of the reasons for the general acceptance of the progressive income tax system.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Implicit in the amendment is the notion that a taxation system cannot be regarded as fair unless it is based clearly on theabilitytopayprinciple.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I make this point because there is another principle of taxation which, in the context of local government, has just as respectable an ancestry as theabilitytopayprinciple.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- variance component
- variance-component
- variance-covariance matrix
- variance estimate
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