homework

Taxes

Please respond to the following:

--Debate it! Deferred taxes are an unfair loophole that must be closed. Provide a rationale for your response.

--Imagine your boss has asked you to “cook the books” and increase earnings this quarter in order to compensate for lower revenues than expected. Create a scenario where you would manipulate taxes in order to increase revenues. Support your scenario with examples of such manipulation. [350 words -- 1-2 references]