Business, 17.07.2019 16:10, ethanm2685
Massachusetts senator and one-time presidential candidate john kerry understands the concept of tax avoidance. kerry avoided paying $500,000 in taxes in massachusetts by docking his yacht in rhode island. rhode island repealed sales taxes and annual excise taxes on yachts in 1993, making “the state something of a nautical tax haven.” discuss the likely behavior changes of yacht-owning massachusetts residents if massachusetts lowered its tax rates on yachts, and how these changes would affect massachusetts’s tax revenue. now, provide feedback to your classmates on the answers they have provided. do you agree or disagree with their perspectives?
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Massachusetts senator and one-time presidential candidate john kerry understands the concept of tax...
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