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# Politician: All nations that place a high tax on income

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Manager
Joined: 19 Nov 2007
Posts: 222

Kudos [?]: 317 [0], given: 1

Politician: All nations that place a high tax on income [#permalink]

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13 Nov 2009, 00:54
00:00

Difficulty:

(N/A)

Question Stats:

40% (01:39) correct 60% (01:28) wrong based on 44 sessions

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Politician: All nations that place a high tax on income produce thereby a negative incentive for technological innovation, and all nations in which technological innovation is hampered inevitably fall behind in the international arms race. Those nations that, through historical accident or the foolishness of their political leadership, wind up in a strategically disadvantageous position are destined to lose their voice in world affairs. So if a nation wants to maintain its value system and way of life, it must not allow its highest tax bracket to exceed 30 percent of income.

Each of the following, if true, weakens the politician’s argument EXCEPT:
(A) The top level of taxation must reach 45 percent before taxation begins to deter inventors and industrialists from introducing new technologies and industries.
(B) Making a great deal of money is an insignificant factor in driving technological
innovation.
(C) Falling behind in the international arms race does not necessarily lead to a strategically less advantageous position.
(D) Those nations that lose influence in the world community do not necessarily suffer from a threat to their value system or way of life.
(E) Allowing one’s country to lose its technological edge, especially as concerns
weaponry, would be foolish rather than merely a historical accident.

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Manager
Joined: 28 Jul 2009
Posts: 151

Kudos [?]: 246 [0], given: 4

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13 Nov 2009, 02:02
Politician: All nations that place a high tax on income produce thereby a negative incentive for technological innovation, and all nations in which technological innovation is hampered inevitably fall behind in the international arms race. Those nations that, through historical accident or the foolishness of their political leadership, wind up in a strategically disadvantageous position are destined to lose their voice in world affairs. So if a nation wants to maintain its value system and way of life, it must not allow its highest tax bracket to exceed 30 percent of income.

Each of the following, if true, weakens the politician’s argument EXCEPT:
(A) The top level of taxation must reach 45 percent before taxation begins to deter inventors and industrialists from introducing new technologies and industries.
(B) Making a great deal of money is an insignificant factor in driving technological
innovation.
(C) Falling behind in the international arms race does not necessarily lead to a strategically less advantageous position.
(D) Those nations that lose influence in the world community do not necessarily suffer from a threat to their value system or way of life.
(E) Allowing one’s country to lose its technological edge, especially as concerns
weaponry, would be foolish rather than merely a historical accident.

I choose E here.

A, B, C, D really weaken the argument.

E doesn't weaken. In the argument it says about both foolishness and historical accident. So, the affirmation that one outweigh another doesn't inpact on the argument.

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Intern
Joined: 18 Sep 2009
Posts: 9

Kudos [?]: 2 [0], given: 1

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13 Nov 2009, 02:39
Correct answer is E. What is OA ?

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Intern
Joined: 13 Nov 2009
Posts: 3

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

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13 Nov 2009, 03:13
IMO E.

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Intern
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13 Nov 2009, 03:33
IMO E.

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VP
Joined: 15 Jul 2004
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Schools: Wharton (R2 - submitted); HBS (R2 - submitted); IIMA (admitted for 1 year PGPX)

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09 Jul 2010, 08:56
Do we have OA on this?

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Manager
Joined: 04 Feb 2010
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09 Jul 2010, 09:23
E here. No sense discussing the probability of the type of cause.

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Manager
Joined: 16 Jun 2010
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Kudos [?]: 47 [0], given: 1

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10 Jul 2010, 05:53
E is my take as well. Rest all weaken.
_________________

R E S P E C T

Finally KISSedGMAT 700 times 450 to 700 An exprience

Kudos [?]: 47 [0], given: 1

Senior Manager
Joined: 23 May 2010
Posts: 417

Kudos [?]: 143 [0], given: 112

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10 Jul 2010, 08:24
E

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Manager
Joined: 11 Feb 2008
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Kudos [?]: 49 [0], given: 2

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10 Jul 2010, 09:51
imo A
_________________

-------------------------------------------------------------------------------------------
Amar
http://amarnaik.wordpress.com

Kudos [?]: 49 [0], given: 2

Senior Manager
Joined: 25 Feb 2010
Posts: 450

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10 Jul 2010, 12:02
+1 E
_________________

GGG (Gym / GMAT / Girl) -- Be Serious

Its your duty to post OA afterwards; some one must be waiting for that...

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Intern
Joined: 11 Oct 2009
Posts: 25

Kudos [?]: 3 [0], given: 6

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14 Jul 2010, 00:28
what is the rationale for (E) and why not (B), which states that taxes does not impact technological innovations ?

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Manager
Joined: 09 Jul 2010
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15 Jul 2010, 02:26
B,C,D- OOS
A not weakening..nithr suportin strongly
E is best
_________________

consider cudos if you like my post

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Manager
Joined: 25 Aug 2008
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Kudos [?]: 76 [0], given: 5

Location: India
WE 1: 3.75 IT
WE 2: 1.0 IT

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15 Jul 2010, 03:22
My choice is E.
_________________

Cheers,
Varun

If you like my post, give me KUDOS!!

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Manager
Joined: 08 Jan 2010
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02 Aug 2010, 14:05
E for me too............

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Intern
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21 Aug 2010, 00:13
E it is.

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Senior Manager
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21 Aug 2010, 03:35
I go for E

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

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21 Aug 2010, 04:00
E

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Manager
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Kudos [?]: 37 [0], given: 33

WE 1: 3 (Mining Operations)

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24 Aug 2010, 01:59
Clean E
_________________

Regards,
Invincible...
"The way to succeed is to double your error rate."
"Most people who succeed in the face of seemingly impossible conditions are people who simply don't know how to quit."

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Manager
Joined: 03 Jun 2010
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25 Aug 2010, 10:30
E for me as well

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Re: 30% tax   [#permalink] 25 Aug 2010, 10:30

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