Not all state and local taxes are deductible at the federal level

Many people believe that the supply and demand for regulation in an industry often results in the creation of a powerful coalition group controlling the regulatory body. That powerful group often comprises of executives from the same industry that is supposed to be regulated. This is called:

A. capturing. B. internalization of externalities. C. adverse selection. D. free-riding.

the use of government taxes and spending to alter macroeconomic outcomes

What will be an ideal response?