Metro-Matrix Theory » Metropolitan Discipline Video Slides » 17 Metro-Finance
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Metropolitan Discipline: 17/20 Metropolitan Finance (Pedro B. Ortiz) |
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| Metropolises confront two difficulties. They rarely have metropolitan governments, and thus lack specific metropolitan budgets to deal with the problems that require direct action. Second, the metropolises most in need are the rapid-developing ones. They are mostly on low-income countries. Public budget is not proportional to wealth. It is exponential. How to bridge this gap? The share of Direct and Indirect taxes is the way forward: “pays who consumes”. Equity has to be cared for too. | |
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