Which of the following increases the benefits of income deferral?
A. increasing tax rates
B. smaller after-tax rate of return
C. larger after-tax rate of return
D. smaller magnitude of transactions
E. None of these
Answer: C
A. increasing tax rates
B. smaller after-tax rate of return
C. larger after-tax rate of return
D. smaller magnitude of transactions
E. None of these
Answer: C