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What are the tools available to governments to mitigate cycles of boom and bust? Why do these tools fail?
Sales Tax
A tax paid to a governing body for the sales of certain goods and services, usually collected by the retailer.
Entry Record
The documented recording of a financial transaction in an accounting system.
Sales and Sales Taxes
Revenue from goods or services sold, and the tax collected on these sales, which is remitted to the government.
Gross Earnings
The total income earned by a business before deductions such as taxes, expenses, and costs.
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