Posts Tagged ‘Luxury Yachts’

The 1990 “yacht tax” caused a large deadweight loss, because demand for luxury yachts made in the United State?

Posted by Admin on July 11th, 2009 under Taxes on Yachts Tags: Deadweight Loss, Luxury Yachts, State Tax, United State, United States, Yacht • 2 Comments

The 1990 “yacht tax” caused a large deadweight loss, because demand for luxury yachts made in the United States is _______. very elastic very inelastic perfectly inelastic since “rich” people will pay whatever is necessary perfectly elastic

why did the government repeal the luxury tax on expensive yachts in 1993?

Posted by Admin on January 21st, 2009 under Taxes on Yachts Tags: Government Repeal, Luxury Tax, Luxury Yachts • 2 Comments

Please be detailed if possible

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