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RE: LeoThread 2025-11-11 03-09

in LeoFinance2 days ago

Part 9/11:

Johnson's approach also involves modernizing government operations to improve efficiency and reduce waste—an acknowledgment that simply increasing revenue isn't a comprehensive solution. Advocates suggest streamlining government processes, cutting redundant expenditures, and pursuing economic development strategies to broaden the tax base.

Critics warn that high taxes without corresponding incentives for investment will only drive away the very sources of revenue the city hopes to engage. As they contend, creating an environment conducive to economic activity—through lower taxes, better public safety, and quality services—is a more sustainable strategy for fiscal health.

Conclusion: A Delicate Balancing Act