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Which of the following best completes the passage below? One

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Which of the following best completes the passage below? One [#permalink]

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21 Sep 2005, 10:45
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2. Which of the following best completes the passage below?
One tax-reform proposal that has gained increasing support in recent years is the flat tax, which would impose a uniform tax rate on incomes at every level. Opponents of the flat tax say that a progressive tax system, which levies a higher rate of taxes on higher-income taxpayers, is fairer, placing the greater burden on those better able to bear it. However, the present crazy quilt of tax deductions, exemptions, credits, and loopholes benefits primarily the high-income taxpayer, who is consequently able to reduce his or her effective tax rate, often to a level below that paid by the lower-income taxpayer. Therefore, ______
(A) higher-income taxpayers are likely to lend their support to the flat-tax proposal now being considered by Congress
(B) a flat-tax system that allowed no deductions or exemptions would substantially increase actual government revenues
(C) the lower-income taxpayer might well be penalized by the institution of a flat-tax system in this country
(D) the progressive nature of our present tax system is more illusory than real
(E) the flat tax would actually be fairer to the lower-income taxpayer than any progressive tax system could be
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21 Sep 2005, 11:12
A) higher-income taxpayers are likely to lend their support to the flat-tax proposal now being considered by Congress
High incomers likely would not support
(B) a flat-tax system that allowed no deductions or exemptions would substantially increase actual government revenues
not necesarily true, nor does it appropriately complete the passage
(C) the lower-income taxpayer might well be penalized by the institution of a flat-tax system in this country
penalized?
(D) the progressive nature of our present tax system is more illusory than real
CORRECT, supposed to be progressive, but in reality, not so.
(E) the flat tax would actually be fairer to the lower-income taxpayer than any progressive tax system could be
progressive system is supposed to be more fair, and we can't speak for all of them.
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21 Sep 2005, 11:18
D-based on sentences 2 and 3. The word "however" after line 2 is also a strong hint.
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21 Sep 2005, 12:27
D makes sense...
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21 Sep 2005, 14:20
I pick D
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21 Sep 2005, 16:11
Totally D. A is just plain wrong, the rich guys LIKE the tax system. The other choices are out of scope
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21 Sep 2005, 16:27
Agree with (D). Progressive Tax system fails its objective.
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22 Sep 2005, 02:56
Good job guys.... OA is D
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22 Sep 2005, 18:38
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22 Sep 2005, 19:19
Yep this is a straight D!
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22 Sep 2005, 19:19
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