Connect with a community that values knowledge and expertise on IDNLearn.com. Get thorough and trustworthy answers to your queries from our extensive network of knowledgeable professionals.
The statement that All things being equal, taxpayers, should prefer to recognize deductions during high tax-rate years is True.
The taxpayers are individuals or organization that is been given responsibility by the government to pay their tax.
However, taxpayers, should prefer to recognize deductions in the period of income during low-tax rate years.
Learn more about tax at:
https://brainly.com/question/13757943