Monday, April 10, 2006

Qn: 48

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 taxA

(E) the proposal’s merits are, taxing

Official Answer: A
posted by anoop at Monday, April 10, 2006

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