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# Tax proposal

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Senior Manager
Joined: 14 Mar 2007
Posts: 302
Location: Hungary
Followers: 2

Kudos [?]: 27 [0], given: 3

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07 Jun 2007, 19:17
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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Manager
Joined: 04 Jun 2003
Posts: 62
Followers: 1

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

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07 Jun 2007, 19:28
B?
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Joined: 03 Apr 2007
Posts: 1352
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07 Jun 2007, 19:37
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, 19:37
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