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Sales Tax Reform

Sales tax reform involves updating or changing the way sales taxes are collected, rates are applied, or policies are structured to improve fairness, efficiency, and revenue generation. This may include broadening the tax base to include more goods and services, adjusting rates to adapt to economic conditions, or simplifying the system to reduce compliance costs. The goal is to create a tax system that is equitable, transparent, and supportive of economic growth while ensuring sufficient funding for public services. Reforms can also address issues like tax loopholes or outdated regulations to make the system more effective.