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For many years, Mrs. Jane the president of Cj Inc, took the corporations most important client golfing at The Sandy Golf Club several times a
For many years, Mrs. Jane the president of Cj Inc, took the corporations most important client golfing at The Sandy Golf Club several times a year. However, after the tax law was amended to disallow a deduction for business entertainment, Mrs. Jane and her client golf together much less frequently. What does this scene suggest about the incidence of the indirect tax increase represents by the entertainment disallowance rule?
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