benefit principle Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “benefit principle” in the English Dictionary

"benefit principle" in Business English

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benefit principlenoun [C]

uk   us  
TAX, ECONOMICS the ​theory that ​people who use a ​publicservice or ​product should ​pay more ​tax towards it than ​people who do not use it: The ability-to-pay ​principle of ​taxationstands in ​sharp contrast to the ​benefitprinciple.
(Definition of benefit principle from the Cambridge Business English Dictionary © Cambridge University Press)
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