the question and the expectations are included in the requirement section
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 Rhode Island repealed sales taxes and annual excise taxes on yachts in 1993, making “the state something of a nautical tax haven.†Discuss the likely behavior changes of yacht-owning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.
Expectations :
- Length: A minimum of 400 words, not including references
- Citations: At least one high-level scholarly or professional reference in APA format