Are these paraphrases?
On 7 September 2011 , the Blue House officially scrapped plans for a rich tax deduction , marking the fundamental end of Mbnomics .
On 7 September 2011 , the Blue House officially scrapped plans for a basic tax deduction , marking the rich end of Mbnomics .

OPT:
[I] no;
[II] yes;
[I]