Business Studies, asked by alzagarrechelle, 4 months ago

Where did a man's ability to pay a debt usually depends?

Answers

Answered by shivangkumar8banshul
1

Answer:

What Is Ability to Pay?

Ability to pay is an economic principle that states that the amount of tax an individual pays should be dependent on the level of burden the tax will create relative to the wealth of the individual. The ability to pay principle suggests that the real amount of tax paid is not the only factor that has to be considered and that other issues such as the ability to pay should also be factored into a tax system.

Answered by subi1950
0

Answer:

the bank

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