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ability to pay
From Wiktionary, the free dictionary
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English
Noun
ability to pay (plural abilities to pay)
- (taxation, often attributive) An individual's level of wealth or income, as a measure of the tax rate they can afford to pay.
- ability-to-pay taxation
- an ability-to-pay approach
- Progressive taxes attempt to reduce the tax burden of people with a lower ability to pay.
Translations
measure of tax rate
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