The principle that those earning higher incomes or those owning more property should pay more taxes is known as _____

Question

Quizplus · Accepted Answer

The ability-to-pay principle states that individuals with higher incomes or more property should pay more taxes because they have a greater ability to pay. This principle is the basis for the progressive tax system, where the tax rate increases as the taxpayer's income increases. Therefore, the best choice is A) the ability-to-pay principle.

The Principle That Those Earning Higher Incomes or Those Owning