Imagine that you are the town manager of a city. You received a P20,000000 grant from the federal government to help support certain public services. Congress has recently voted to reduce this funding to P10,000000 next year. One of your primary goals as town manager is to avoid cutting services. Together you, and several city council members have proposed various ways to raise additional revenue. Some have proposed increasing property taxes. Others want to increase the local sales from 1 percent to 2 percent. Another proposal is to charge individual income taxes at a flat rate of 2 percent. How will you each proposal affect the taxpayers of town city. Choose only one (1) question to answer and explain why. 1. Do you increase the property tax? 2. Do you increase the local sales from 1 percent to 2 percent? or 3. Do you increase the individual income taxes with a flat rate of 2 percent?