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 public service or product should pay more tax towards it than people who do not use it:

The ability-to-pay principle of taxation stands in sharp contrast to the benefit principle.

(Definition of “benefit principle” from the Cambridge Business English Dictionary © Cambridge University Press)