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# According to some analysts, whatever its merits, the

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Director
Joined: 28 Dec 2005
Posts: 748

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According to some analysts, whatever its merits, the [#permalink]

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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 proposalâ€™s merits, to tax
(E) the proposalâ€™s merits are, taxing

I completely blew this one....

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CEO
Joined: 20 Nov 2005
Posts: 2892

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Schools: Completed at SAID BUSINESS SCHOOL, OXFORD - Class of 2008

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15 Aug 2006, 00:31
I also blew this one. Paul provided an excellent explanation.

http://www.gmatclub.com/phpbb/viewtopic.php?t=2287
_________________

SAID BUSINESS SCHOOL, OXFORD - MBA CLASS OF 2008

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Director
Joined: 10 Oct 2005
Posts: 524

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Location: US

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15 Aug 2006, 02:24
A it is. because 'its' refer to proposal correctly.

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Director
Joined: 28 Dec 2005
Posts: 748

Kudos [?]: 18 [0], given: 0

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15 Aug 2006, 04:56
The OA is indeed A. Thanks for the pointer, psd

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15 Aug 2006, 04:56
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# According to some analysts, whatever its merits, the

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