Lawmakers are embroiled in heated debates over proposed tax reforms aimed at overhauling the current tax system. With diverging opinions on corporate tax rates, income tax brackets, and deductions, negotiations are underway to strike a balance between stimulating economic growth and addressing income inequality. Advocates argue for progressive tax policies to fund social programs and infrastructure investments, while opponents raise concerns over potential impacts on business competitiveness and job creation. As discussions intensify, stakeholders eagerly await the outcome of deliberations, which could shape the future landscape of taxation in the country.