• 7 CATs FREE!
    If you earn 100 Forum Points

    Engage in the Beat The GMAT forums to earn
    100 points for $49 worth of Veritas practice GMATs FREE

    Veritas Prep
    VERITAS PRACTICE GMAT EXAMS
    Earn 10 Points Per Post
    Earn 10 Points Per Thanks
    Earn 10 Points Per Upvote
    REDEEM NOW
This topic has expert replies
Senior | Next Rank: 100 Posts
Posts: 38
Joined: 08 Nov 2008

Income Tax

by sumittaneja009 » Sun Nov 23, 2008 6:47 am
Please help me with the write answer with an explaination?
Attachments
V1.JPG
JPG File
V1.JPG (114.47 KiB) Viewed 115 times

Legendary Member
Posts: 594
Joined: 14 Aug 2008
Thanked: 12 times

by nervesofsteel » Mon Nov 24, 2008 12:29 am
If C is true... only then tax authorities will increase rates.. and form vicious circle...

If C is not true...Then there is no need to increase tax rate as there is already a provision made to compensate the evasive taxes.. then there will be no vicious circle..

OA plz

Master | Next Rank: 500 Posts
Posts: 108
Joined: 05 Aug 2014

by graem83d » Sun May 15, 2016 1:55 am
I would choose C. But i am not sure of my answer