The ability-to-pay principle is founded on the notion that people with greater income and wealth should be taxed at a higher rate because their ability to pay is presumably greater.

Question

Quizplus · Accepted Answer

The ability-to-pay principle in taxation argues that taxes should be levied according to an individual's or entity's ability to pay, meaning those with higher income or wealth should contribute more in taxes.

The Ability-To-Pay Principle Is Founded on the Notion That People