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.
Find a translation for the ability-to-pay definition in other languages:
Select another language:
Discuss these ability-to-pay definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"ability-to-pay." Definitions.net. STANDS4 LLC, 2015. Web. 30 Mar. 2015. <http://www.definitions.net/definition/ability-to-pay>.