单词 | faculty theory |
释义 | > as lemmasfaculty theory faculty theory n. the theory of taxation according to which every person should help to bear public burdens according to his or her ability. ΘΚΠ society > trade and finance > fees and taxes > impost, due, or tax > tax > taxation > [noun] > theory of taxation faculty theory1894 1894 E. R. A. Seligman Progress. Taxation iii. 127 The faculty theory of taxation is very old. That a man should contribute to the public burdens in proportion to his ability or faculty is a principle which dates back to the middle ages. 1896 C. C. Plehn Introd. Public Finance ii. ii. 84 Each citizen should contribute as he is able. They claim that it is easier to measure ability than it is to measure benefit. This theory is called the faculty theory, the term ‘faculty’ having been found in this sense in early tax laws. 1965 J. L. Hanson Dict. Econ. 169/1 Faculty theory of taxation, an alternative term for the ‘Ability-to-pay’ theory of taxation. < as lemmas |
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