Definitions for ability-to-pay
This page provides all possible meanings and translations of the word ability-to-pay
The principle that taxes should vary according to an individual's level of wealth or income.
Progressive taxes attempt to reduce the tax burden of people with a lower ability-to-pay.
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"ability-to-pay." Definitions.net. STANDS4 LLC, 2015. Web. 2 Aug. 2015. <http://www.definitions.net/definition/ability-to-pay>.