The benefit principle is a concept in the theory of taxation from public finance. It bases taxes to pay for public-goods expenditures on a politically-revealed willingness to pay for benefits received. The principle is sometimes likened to the function of prices in allocating private goods. In its use for assessing the efficiency of taxes and appr...
Found on
http://en.wikipedia.org/wiki/Benefit_principle
(from the article `Lindahl, Erik Robert`) Lindahl, along with Swedish economists Myrdal and Bertil Ohlin, furthered Wicksell`s monetary theory by applying it to conditions other than full ...
Found on
http://www.britannica.com/eb/a-z/b/47
A taxation principle which states that those who benefit more from government expenditure, financed by taxes, should pay more tax for the product or service than those who benefit less
Found on
http://www.encyclo.co.uk/local/22643
No exact match found.
