How Will Rethinking Revenue Approach This Challenge?

Financial Foundations Framework

How Will Rethinking Revenue Approach This Challenge?

We will approach it the same way one would any long journey: one step at a time.

Step 1: Define the Problem

We contend that rethinking is necessary because local government revenues have not remained aligned with modern economic realities. We will show that this contributes to distortions in the economy and unfairness in how taxpayers are treated.

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Step 2: Define Criteria for Evaluating Options

These criteria will help us differentiate between how local governments could raise revenue and how they should raise revenue. How local governments should raise revenue is not just or even a technical question of economics or finance.

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Step 3

Recruit Additional Help. Achieving the change we are interested in will require support from many places. If you are interested in being a part of this initiative, please let us know by completing the form below.

Step 4

Develop Options. Using the information gathered in the first three phases, we will develop options for how local revenue systems might change. Some options are complex and will take time to develop. However, we have also started to identify ideas that local governments can start to enact right now.

Step 5

Publicize. The goal of this project is to make an impact. Though this is the fifth step that does not necessarily mean we need wait. If you find this initiative interesting, consider volunteering to get involved by filling out the form below or share this site with colleagues.


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