tax system reform

Tax system reform involves updating or changing the way taxes are collected to improve fairness, efficiency, and revenue generation. It can include adjusting tax rates, closing loopholes, simplifying the filing process, or broadening the tax base to ensure everyone pays their fair share. The goal is to create a system that balances supporting government services with economic growth, reducing distortions, and making taxation more transparent and equitable. Reforms are often driven by changing economic conditions, technological advancements, or societal needs to ensure the system functions effectively for all citizens.