Examlex
The type of circulation pattern found in Laguna Madre is:
Ability-to-pay Taxation
A principle of taxation based on the belief that taxes should be levied according to an individual’s or entity’s capacity to pay, reflecting their income or wealth.
Progressive Tax Structure
A tax system in which the tax rate increases as the taxable amount increases, typically designed to distribute the tax burden more heavily on those with higher incomes.
High-income Receivers
Individuals or entities that receive a significantly higher amount of income compared to the median or average levels within a society or economic system.
Benefits-received Principle
A theory in taxation that argues taxpayers should pay taxes in proportion to the benefits they receive from government services.
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