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The ability-to-pay principle
The ability-to-pay principle

The ability-to-pay principle requires that the total tax burden will be distributed among individuals according to their capacity to bear

Purpose of taxation
Purposes of Taxation

In modern economies taxes are the most important source of governmental revenue.

History of taxation
History of Taxations

Although views on what is appropriate in tax policy influence the choice and structure of tax codes, patterns of taxation throughout hist