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The CEO of Goldfish Inc., discovered that the companys competitor had adopted a cafeteria plan for its employees. The CEO is concerned about retaining his

The CEO of Goldfish Inc., discovered that the companys competitor had adopted a cafeteria plan for its employees. The CEO is concerned about retaining his talented employees and would like you to provide a brief explanation as to why a cafeteria plan may be attractive to the companys employees. Also, explain how a cafeteria plan is taxed to employees.

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