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According to some analysts, whatever its merits, the

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Director
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According to some analysts, whatever its merits, the [#permalink] New post 15 Aug 2006, 00:21
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According to some analysts, whatever its merits, the proposal to tax away all capital gains on short-term investments would, if enacted, have a disastrous effect on Wall Street trading and employment.
(A) its merits, the proposal to tax
(B) its merits may be, the proposal of taxing
(C) its merits as a proposal, taxing
(D) the proposal’s merits, to tax
(E) the proposal’s merits are, taxing

I completely blew this one....
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 [#permalink] New post 15 Aug 2006, 00:31
I also blew this one. Paul provided an excellent explanation.

http://www.gmatclub.com/phpbb/viewtopic.php?t=2287
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 [#permalink] New post 15 Aug 2006, 02:24
A it is. because 'its' refer to proposal correctly.
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 [#permalink] New post 15 Aug 2006, 04:56
The OA is indeed A. Thanks for the pointer, psd :)
  [#permalink] 15 Aug 2006, 04:56
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