Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1: Your sister is thinking about starting a Web-based business selling specialty tea to upper middle class Americans who are working outside the home for
1: Your sister is thinking about starting a Web-based business selling specialty tea to upper middle class Americans who are working outside the home for compensation. She is unsure if she also wants to open up a physical store in her current home State of Florida. If the business is to start in 3 months, what key decisions will your sister face during that period, and how might state and local taxes impact them? In addition, your sister has stated she would move to another state, if you can arrive at a valid reason for her relocation to another state. Question 2: a. Discuss explain difference between Progressive and Regressive state tax schemes. b. Give your opinion as whether the overall state taxing scheme in your state Florida is equitable. c. Explain clearly why you hold this opinion
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started