Explain what happened to yacht buyers

Assignment Help Taxation

Reference no: EM13974376

Must be typed and can be detected by D2L original checking work (M S Word, WordPerfect, PostScript, Acrobat PDF, HTM L, RTF and Plain text).

It is a relatively open question without key. No word limit. Be sure to make it clear, logical and understandable to your friend.

You friend (has no knowledge of economics) just told you that she learned the Congress adopted a luxury tax on yachts in 1990, the goal of which was to raise revenues from the rich who would buy yachts.

However, she saw yacht bui !ding firms failed and their unemployed workers protested vigorously. She felt puzzled and wanted to turn for your help.

Using the tax incidence knowledge covered in our class, write a letter to your friend to explain what happened to yacht buyers and seller in plain English.

Any graphs you'd include MUST be graphed by hand and scanned (NOT A CAM PIC). it should be a word document.

Reference no: EM13974376

Questions Cloud

Different types of serial offenders and mass murderers : You have read about a number of different types of serial offenders and mass murderers in this section. Unfortunately, there are too many for the book to adequately cover not to mention even more after this portion of the book was published.

Compare and contrast at least three work related : Compare and contrast at least three work related characteristics of Hispanic and Anglo-American cultures.

Why the u.s. is not going to be converting to ifrs by 2015 : The paper should be formatted according to APA Requirements. Cite at least five peer-reviewed sources.

Characteristics of a learning organization : What are the characteristics of a learning organization? How can an organization harness intellectual capital to create a learning organization? How can an organization harness human relations to create a learning organization? How can an organizatio..

Explain what happened to yacht buyers : Using the tax incidence knowledge covered in our class, write a letter to your friend to explain what happened to yacht buyers and seller in plain English.

Whether or not p/e is an effective indicator of growth stock : From the e-Activity and based on the growth company selected, assess why it is a growth stock and if that status is sustainable.

Provide evidence such as stained or torn clothing, scratches : It is common knowledge that rape and sexual assault investigations provide evidence such as stained or torn clothing, scratches, bruises and cuts used to solve the crime. Determine at least three (3) other forms of evidence associated with a rape ..

Research paper for malaria in africa : Students will be required to write an8-10 page paper (excluding title and reference pages) utilizing a minimum of 12 scholarly sources using APA style (6thEdition) formatting.

Apply theories, models, and practices of global operations : Develop innovative and sustainable solutions to strategic and global operations management challenges.

User Account

All Pages