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Tax proposal

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Senior Manager
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Joined: 14 Mar 2007
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Tax proposal [#permalink] New post 07 Jun 2007, 18:17
8. 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
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 [#permalink] New post 07 Jun 2007, 18:28
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Re: Tax proposal [#permalink] New post 07 Jun 2007, 18:37
zoltan wrote:
8. 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


It is A.Good explanation here:
http://www.gmatclub.com/phpbb/viewtopic.php?t=2287
Re: Tax proposal   [#permalink] 07 Jun 2007, 18:37
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