During one of his rallies, Jackie, a candidate for presidency, claimed that his main platform is to help the farmers. He plans to issue an executive order which will grant tax exemptions to owners of farmlands which are used for organic farming. Basing on his statement alone and as a tax student, would you give him your vote? A. No, as the statement he made is clearly just an appeal to the farmers. B. Yes, as his advocacy would remove the financial burden of taxes from the farmers. C. Yes, as his advocacy would promote organic farming. D. No, as the means he proposes to execute it would only yield to an empty promise
During one of his rallies, Jackie, a candidate for presidency, claimed that his main platform is to help the farmers. He plans to issue an executive order which will grant tax exemptions to owners of farmlands which are used for organic farming. Basing on his statement alone and as a tax student, would you give him your vote? A. No, as the statement he made is clearly just an appeal to the farmers. B. Yes, as his advocacy would remove the financial burden of taxes from the farmers. C. Yes, as his advocacy would promote organic farming. D. No, as the means he proposes to execute it would only yield to an empty promise
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 14DQ
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During one of his rallies, Jackie, a candidate for presidency, claimed that his main platform is to help the farmers. He plans to issue an executive order which will grant tax exemptions to owners of farmlands which are used for organic farming.
Basing on his statement alone and as a tax student, would you give him your vote?
A. No, as the statement he made is clearly just an appeal to the farmers.
B. Yes, as his advocacy would remove the financial burden of taxes from the farmers.
C. Yes, as his advocacy would promote organic farming.
D. No, as the means he proposes to execute it would only yield to an empty promise.
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