ability to pay

listen to the pronunciation of ability to pay
Englisch - Türkisch
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Englisch - Englisch
{i} capacity to pay, having the necessary resources to pay; principle that wealthier people who can afford to pay higher taxes ought to be required to do so (Economics)
The principle that taxes should vary according to an individual's level of wealth or income

Progressive taxes attempt to reduce the tax burden of people with a lower ability-to-pay.

ability to pay

    Silbentrennung

    a·bi·li·ty to pay

    Türkische aussprache

    ıbîlıti tı pey

    Aussprache

    /əˈbələtē tə ˈpā/ /əˈbɪlətiː tə ˈpeɪ/
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