The ability to pay principle suggests that
A)tax exemptions should be removed because they are more frequently used by people with the ability to pay more taxes.
B)people with different levels of income should be treated in the same manner
C)individuals receiving the benefits should be those who pay for them.
D)people who can pay more taxes should pay more than people who are unable to pay high taxes.
E)tax exemptions should be increased because they encourage investment and savings

Question

Quizplus · Accepted Answer

The ability to pay principle suggests that people who have greater financial resources should contribute more to taxes than those who have less. This is based on the idea of fairness and the ability to bear the burden of taxation. Therefore, option D is the best choice.

The Ability to Pay Principle Suggests That