According to the ability-to-pay principle of taxation
A)individuals who receive the benefit of a good or service should bear a greater share of the tax burden.
B)it is fair to expect a greater share of the tax burden to be borne by people who have a greater ability to pay.
C)people in the same economic situation should bear an equal share of the tax burden.
D)individuals who are willing to bear a greater share of the tax burden should be compensated with non-monetary benefits.

Question

Quizplus · Accepted Answer

The ability-to-pay principle of taxation states that people who have a greater ability to pay should bear a greater share of the tax burden. This is based on the idea that those who earn more income, or have more wealth, have a greater ability to pay taxes without suffering a significant decrease in their standard of living. Therefore, taxing them more heavily is seen as fair and just.

According to the Ability-To-Pay Principle of Taxation