Economy, asked by norbulumla002, 4 months ago


Distinguish
between Abelity to pay and benefit principle of taxation

Answers

Answered by hardeep20
0

Those who benefit from good roads pay the cost of those roads. The ability-to-pay principle of taxation stands in sharp contrast to the benefits principle. ... It does not make any connection between use and payment but simply states that the individuals who are most able to bear the burden of the tax should pay the tax.

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