A principle suggesting that people with more income or wealth should pay more taxes is the _____ principle.

Question

Quizplus · Accepted Answer

The ability-to-pay principle suggests that individuals with higher incomes or wealth should pay a higher percentage of taxes because they have a greater ability to do so without experiencing significant financial hardship. This principle is often used to justify progressive income tax systems, where tax rates increase as income levels rise.

A Principle Suggesting That People with More Income or Wealth