– This taxation model to be fit-for-purpose gives fiscal responsibilities that designs not have a disruptive impact on the city needs and is based on more flexibility.
– Explores the different challenges and opportunities of introducing smart tax models, build on the city experience and examples from industries operating within the state that gives city governments flexibility to approach taxation in a manner that allows businesses from growth operations to be competitive.
-Implementing a fixed-rate tax of low tax-bracket enterprises which allowed small business and local entrepreneurs to comply easily with legal requirements rather than continuing to do business in the black market.
-Implementing a taxation for a five-year period which guaranteed predictability for businesses, but also sustained revenues for the city treasury. This only demonstrates that city governments need flexibility to set rates according to circumstances in order for tax collection to exceed forecasts and businesses to thrive.
-With our debilitating, we need to have systems that support the sustainable functionality of households such as public and private physical structures such as roads, bridges, water supply, sewers, electrical grids, telecommunications (including Internet Connectivity and broadband access), and technological components contribute to and drive business functions.
-With the current speed tat technology changes and the competitive nature of businesses, we must ensure IT Infrastructure is designed such that changes can be made quickly and without impacting the business continuity for our city.
Over the past 15 months, our city and nation have struggled under the burden of pandemic shutdown.
-small businesses were closed and many deemed “non-essential.”
-Our Children’s education was delayed and their activities stopped.
Our police departments were over-regulated and underfunded.