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  2. Topic
    Business
  3. Study Set
    Essentials of Federal Taxation
  4. Exam
    Exam 3: Tax Planning Strategies and Related Limitations
  5. Question
    If Tax Rates Are Decreasing
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If Tax Rates Are Decreasing

Question 1

Question 1

Multiple Choice

If tax rates are decreasing:


A) taxpayers should accelerate income.
B) taxpayers should defer deductions.
C) taxpayers should defer income.
D) taxpayers should defer deductions and accelerate income.
E) none of these.

Correct Answer:

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