Which of the Following Statements About Tax Policy Objectives Regarding

Which of the following statements about tax policy objectives regarding business expenses is false?

A) Lobbying expenses are not deductible because Congress does not want to subsidize political activities.
B) By disallowing a tax deduction, Congress increases the after-tax cost of undesirable expenditures.
C) The tax treatment of meals and entertainment expenses is intended to make the law more equitable.
D) The business interest expense limitation increases the disparity between the tax treatment of debt and equity financing.