What does ability-to-pay mean?
Definitions for ability-to-pay
abil·i·ty-to-pay
This dictionary definitions page includes all the possible meanings, example usage and translations of the word ability-to-pay.
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Wiktionary
ability-to-paynoun
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.
Numerology
Chaldean Numerology
The numerical value of ability-to-pay in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of ability-to-pay in Pythagorean Numerology is: 2
Examples of ability-to-pay in a Sentence
At a time of massive wealth and income inequality, we need a progressive tax system in this country which is based on ability to pay, it is not acceptable that a number of major profitable corporations have paid zero in federal income taxes in recent years, and that millionaire hedge fund managers often enjoy an effective tax rate which is lower than the truck drivers or nurses.
These individuals took advantage of his addiction and his ability to pay substantial funds for illegal drugs, one of those individuals took advantage of his mental illness and agreed to take Alex's life by shooting him in Hilton Head.
Before we get to the point of litigation, the patient has ignored eight to ten attempts at contacting them to work out some kind of payment arrangement or qualify them for charity care, not for profit hospitals have a responsibility first and foremost to care for people without regard to their ability to pay, and we do that. We also have a responsibility to be a sustainable institution for our community, and to do that we have to be able to collect from patients who can pay.
These individuals took advantage of his addiction and his ability to pay substantial funds for illegal drugs, one of those individuals took advantage of his mental illness and agreed to take Alex's life by shooting Alex Murdaugh in Hilton Head.
The opposition weighing in Congress doesn't change oil prices, but it does give them power to change foreign exchange policies and allocation of resources that could improve the economy and the country's ability to pay its debt.
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"ability-to-pay." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/ability-to-pay>.
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