Meaning benefit principle
What does benefit principle mean? Here you find 3 meanings of the word benefit principle. You can also add a definition of benefit principle yourself

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benefit principle


A taxation principle which states that those who benefit more from government expenditure, financed by taxes, should pay more tax for the product or service than those who benefit less.
Source: businessballs.com

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benefit principle


A principle of taxation in which taxes are based on the benefits received by people using the good financed with the tax. The benefit principle is often difficult to implement because by their very na [..]
Source: glossary.econguru.com

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benefit principle


The idea that the tax burden should be proportional to an individual's use of government-supplied goods and services.
Source: econport.org





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