Ability-to-pay taxation is a form of taxation in which taxes are levied on the basis of the taxpayers' ability to pay. This form of taxation leads to the view that as income or wealth increases, its marginal utility decreases so that progressive rates of tax can be levied on the higher slices. Typical taxes of this sort in Britain are income tax and inheritance tax. Research Ability-to-pay taxation
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Abbreviations
Research Ability-to-pay taxation
