Taxation according to the ability-to-pay principle is best illustrated in the United States by _____ taxes.

Question

Quizplus · Accepted Answer

Personal income taxes are a form of taxation that are based on the ability-to-pay principle, which means that those who earn more pay a higher percentage of their income in taxes than those who earn less. This principle is based on the idea that the more someone earns, the more they are able to contribute to the common good through taxes. Therefore, personal income taxes are the best choice for illustrating the ability-to-pay principle in the United States.

Taxation According to the Ability-To-Pay Principle Is Best Illustrated in the United