Federal individual income taxes illustrate the ability-to-pay principle of taxation.

Name: Federal individual income taxes illustrate the ability-to-pay principle of taxation.
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The ability-to-pay principle of taxation means that those who have more income or wealth should pay more taxes. Federal individual income taxes are based on this principle, as the more income a person earns, the higher percentage of their income they are required to pay in taxes.

Federal Individual Income Taxes Illustrate the Ability-To-Pay Principle of Taxation