ability to pay

English - Turkish

Definition of ability to pay in English Turkish dictionary

ödeme gücü

English - English

Definition of ability to pay in English English dictionary

{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.

Hyphenation

a·bi·li·ty to pay

Turkish pronunciation

ıbîlıti tı pey

Pronunciation

/əˈbələtē tə ˈpā/ /əˈbɪlətiː tə ˈpeɪ/