Benefits Received Principle of Taxation?

Answer

Benefit principle of taxation - A principle of taxation in which taxes are based on the benefits received by people using the good financed with the tax. For instance, we pay taxes as much as we enjoy the convenience offered to us by the state/government in forms of social services, roads, streets, bridges, security. Or simply put, what service we get from government, we pay fairly with our taxes.
Q&A Related to "Benefits Received Principle of Taxation?"
Ability-to-pay principle envisages that tax should be
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A taxation principle stating that taxes should be based on the benefits received. The benefit principle works from the proposition that those who receive the greatest benefits should
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Its basically an idea that those who benefit more from a service should pay more in taxes. An example would be a public service.
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Ability to pay for the benefit.
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