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Local Governments are Addicted to Sales Tax Revenues
CPA Practice Advisor highlights the Vertex 2024 Mid-Year Sales Tax Report, detailing changes in local taxes, rising fees, and growing compliance complexity.
CPA Practice Advisor explains the growing dependence of local governments on sales tax revenues, referencing the Vertex 2024 Mid-Year Rates and Rules Report. The article highlights potential negative consequences such as budget shortfalls and economic instability that can arise from this reliance.