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- Joined: Jun 01, 2018
"Will sales of the luxury items subject to the proposed tax occur at currents rates once the proposed tax on luxury items has been passed."
If, the answer is No, and the sales decline, I think that would likely affect non-wealthy individuals, such as, the expert trades craftsman that are contributing to the assembly of the yachts, that is used as a scenario in explaining this answer choice. And since the conclusion is also concerned with affects of only the wealthy individuals and corporations that can afford to purchase such items, if something has an affect on the non-wealthy or non-corporations, that produces an effect on this conclusion, thus passing the variance test?