Meaning of ability to pay | Babel Free
Definitions
An individual's level of wealth or income, as a measure of the tax rate they can afford to pay.
Equivalents
Examples
“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⟳.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
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