Answer the question below in a paper AT LEAST three 3 pages – Get help from top-rated tutors 2024

Answer the question below in a paper AT LEAST three 3 pages – Get help from top-rated tutors 2024

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Answer the question below in a paper AT LEAST three (3)  pages in length.  The paper should be typed, double-spaced, 1” margins  (2” right-hand margin), with a font size no larger than 12 point, nor  smaller the 10 point.  Undertake as much outside research as necessary  to adequately answer the question. Recently the Massachusetts legislature enacted a statute that would  allow municipalities to institute LOCAL OPTION TAXES, which are  basically surtaxes over the state sales tax meals and lodging in within  the municipality.  For example, the state meals tax is currently 6.25%.   In Boston, the meals tax may be 7%, with 6.25% going to the  Commonwealth and 0.75% to the City.  Do you think it is wise for  municipalities to tax consumption during an economic downturn?  Does  this open the floodgates to localities passing all types of additional  taxes?  To local income taxes?

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