Which of the Following Taxes Cannot Be Deducted by a Business

question 57

Multiple Choice

Which of the following taxes cannot be deducted by a business?

• A)Sales taxes on supplies
• B)Property taxes on real property
• C)FICA taxes on employees' wages
• D)All of these taxes are deductible

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Definitions:

Production Possibilities

Production possibilities depict the different combinations of goods and services that an economy can produce, given its available resources and technology, demonstrating the trade-offs and opportunity costs involved in production choices.

Unemployment Rate

The percentage of people in employment sectors who are unemployed and searching for jobs.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or other protected characteristics.

Negro League

A league of baseball teams that was active primarily in the United States among African American players when racial segregation prevented them from playing in the major leagues.