So many loopholes in federal regulations have been closed that the only way for business to circumvent regulations is by avoiding taxes.

Question

Quizplus · Accepted Answer

The statement suggests that closing loopholes in federal regulations has made it difficult for businesses to bypass regulations, but they can still do so by avoiding taxes. However, this conclusion is not necessarily true. While some businesses may attempt to avoid taxes, it does not mean that all businesses do so or that tax avoidance is the only way to avoid complying with regulations. Additionally, some regulations may have unintended consequences, so it is not always clear whether closing loopholes will result in the desired effect. Therefore, the statement is an oversimplification of a complex issue.

So Many Loopholes in Federal Regulations Have Been Closed That