Question

Which of the following statements accurately describes an efficient tax plan?
a. High tax bracket investors should invest in municipal bonds.
b. It is rarely a good strategy to pay explicit taxes.
c. Renting durable business assets is more efficient than owning for low tax rate investors.
d. Employees prefer to defer receipt of their compensation (assuming this succeeds in postponing the recognition of taxable income) whenever they expect their tax rates to fall in the future.


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  • CreatedAugust 06, 2015
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