Economy, asked by piudutta88, 3 months ago

which taxes follows the ability to pay principle ?​

Answers

Answered by lakshmimandi2248
1

Explanation:

The ability-to-pay philosophy of taxation maintains that taxes should be levied according to a taxpayer's ability to pay. The idea is that people, businesses, and corporations with higher incomes can and should pay more in taxes.

Answered by ankitasanwal450
0

The ability-to-pay philosophy of taxation maintains that taxes should be levied according to a taxpayer's ability to pay. The idea is that people, businesses, and corporations with higher incomes can and should pay more in taxes

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