On the asphericity of a symplectic $M^3\times S^1$

C. H. Taubes asked whether a closed (i.e. compact and without boundary) connected oriented three-dimensional manifold whose product with a circle admits a symplectic structure must fiber over a circle. An affirmative answer to Taubes' question would imply that any such manifold either is diffeomorphic to the product of a two-sphere with a circle or is irreducible and aspherical. In this paper, we prove that this implication holds up to connect sum with a manifold which admits no proper covering spaces with finite index. It is pointed out that Thurston's geometrization conjecture and known results in the theory of three-dimensional manifolds imply that such a manifold is a three-dimensional sphere. Hence, modulo the present conjectural picture of three-dimensional manifolds, we have shown that the stated consequence of an affirmative answer to Taubes' question holds.