Tax policy reform

Tax policy reform involves changing the rules and regulations about how a government collects taxes. The aim is to improve fairness, efficiency, and the overall economic impact of the tax system. This can include adjusting tax rates, modifying deductions, or introducing new taxes. Reforms might target specific issues, such as reducing the tax burden on lower-income families or closing loopholes that allow corporations to pay less tax. Ultimately, the goal is to create a tax system that supports public services while promoting economic growth and ensuring fairness among taxpayers.