Using the Choices Provided Below, Show the Justification for Each

question 11

Short Answer

Using the choices provided below, show the justification for each provision of the tax law listed.
a.Economic considerations
b.Social considerations
c.Equity considerations
d.​Both a. and b.
-A deduction for certain income from manufacturing activities.

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Definitions:

Financially Hard-pressed

A situation or condition where an individual or organization is experiencing financial strain, often leading to budget constraints and difficult financial decisions.

Riskier Projects

Projects that involve a higher level of uncertainty and potential for loss or failure, often seeking greater rewards or breakthrough results.

Unethical Path

Actions or strategies that are morally wrong or not in alignment with ethical standards.

Unrealistic Expectations

Expectations that are unachievable or overly ambitious, often leading to disappointment or failure.