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What statement best describes the tax proposals to revise the federal tax law?

What statement best describes the tax proposals to revise the federal tax law?
Simplify the current income tax by eliminating most deductions.
Enact a consumption tax.
Allow businesses to expense all purchases of machinery and equipment.
All of the above.

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Accounting-8211115.doc

Question:
What statement best describes the tax proposals to revise the federal tax law?
Simplify the current income tax by eliminating most deductions.
Enact a consumption tax.
Allow businesses to...

Sign up to view the full answer

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