BNET Business Dictionary
Business Definition for: Ability-to-pay Principle
- a theory which holds that taxes should be paid only by those who can best afford them
Four of Omnicom (OMC)'s top five executives will receive pensions even if they are terminated "for cause," according to the ad agency holding company's filings with the SEC.
Card companies are getting shadier and stingier, and interest rates on plastic are going higher. So now’s the time to be sure you’re holding the best cards for the way you charge. MoneyWatch surveyed the landscape and picked the top cards in several categories.