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Evelyn Miller
on Oct 25, 2024

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You have to pay a fee every time you use your community swimming pool.This is an example of the _____ principle.

A) regressive tax
B) ability-to-pay
C) progressive tax
D) benefits

Ability-to-pay Principle

A tax design principle that suggests taxes should be levied according to an individual's or entity's ability to bear them.

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.

  • Identify the advantages associated with the benefits-received principle in taxation.
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JB
james bbarkOct 26, 2024
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