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When a student chooses to study instead of going out with friends,he is engaged in
Benefits Principle
The benefits principle is a taxation theory suggesting that taxes should be levied according to the level of benefits received by the taxpayer from government services.
Personal Income Taxes
Taxes levied on individuals or households based on their total personal income from all sources.
Ability-To-Pay
A tax principle that holds that taxes should be levied on individuals based on their capacity to pay, typically reflected in their income or wealth levels.
Ability-To-Pay Principle
The principle of tax fairness by which those with greater ability to pay a tax should pay more tax.
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