benefit principle

benefit principle
benefit principle benefit principle principle

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benefit principle UK US noun [C]
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.

Financial and business terms. 2012.

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Look at other dictionaries:

  • Benefit-Principle —   [ benɪfɪt prɪnsɪpl; englisch »Prinzip des Nutzens«] das, , Finanzwissenschaft: Äquivalenzprinzip …   Universal-Lexikon

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  • benefit-of-the-bargain rule — n. 1 In breach of contract cases, the principle that the aggrieved party is entitled from the party who breached the contract to everything that he would have received, including profits, if the breach had not occurred. 2 In cases involving fraud …   Law dictionary

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  • benefit theory — The principle that one who wishes to rescind a contract must place the opposite party in statu quo by restoring to him the benefits received from him. 17 Am J2d Contr § 512 …   Ballentine's law dictionary

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  • Precautionary principle — The precautionary principle is a moral and political principle which states that if an action or policy might cause severe or irreversible harm to the public or to the environment, in the absence of a scientific consensus that harm would not… …   Wikipedia

  • Handicap principle — The tail of peacocks, the classic example of a handicapped signal of male quality The handicap principle is a hypothesis originally proposed in 1975 by biologist Amotz Zahavi[1][2 …   Wikipedia

  • Anthropic principle — In astrophysics and cosmology, the anthropic principle is the philosophical argument that observations of the physical Universe must be compatible with the conscious life that observes it. Some proponents of the argument reason that it explains… …   Wikipedia

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