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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.

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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.

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