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What Reforms Have Been Proposed to Change the Current Tax

question 13

Essay

What reforms have been proposed to change the current tax code? What are the pros and cons of each reform? Which reform do you think is best? Or do you believe that the tax code does not need to be changed? Why?


Definitions:

Flexible Manufacturing

A system that allows for quick and efficient adjustments to production processes in order to accommodate changes in product design or demand.

Agile Manufacturing

A highly flexible production approach aimed at adapting quickly to market changes and customer demands while maintaining high quality and cost-effectiveness.

Mass Customization

A strategy of producing goods and services to meet individual customer needs with near mass production efficiency.

Product Dissatisfaction

The negative feeling or reaction a customer has towards a product that fails to meet their expectations or needs.

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