Hello, you have come here looking for the meaning of the word
ability to pay. In DICTIOUS you will not only get to know all the dictionary meanings for the word
ability to pay, but we will also tell you about its etymology, its characteristics and you will know how to say
ability to pay in singular and plural. Everything you need to know about the word
ability to pay you have here. The definition of the word
ability to pay will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
ability to pay, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
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
See also