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Dec 18, 2024
What are the advantages of Massachusetts maintaining a stable sales tax rate for businesses and consumers?
Maintaining a stable sales tax rate of 6.25% provides predictability for businesses in financial planning and pricing strategies, minimizing the risk of sudden tax hikes. It reduces administrative complexities associated with frequent tax rate changes, allowing businesses to focus on operations and growth. For consumers, a stable tax rate ensures consistent pricing, enhancing trust and transparency. This stability fosters a favorable business environment, encouraging investment and long-term planning.



