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<br />298 <br /> <br />TUESDAY <br /> <br />APRIL 15. 195Q <br /> <br />boundaries by means of annexation, the result of which might enable the <br /> <br /> <br />Council to reduce, if not eliminate entirely, the local license tax burden <br /> <br /> <br />upon businesses. Members of Council also expressed the desire to reduce <br /> <br /> <br />local business license taxes on a planned schedule, which might eventually <br /> <br /> <br />lead to the elimination of local business license taxes. Councilman Walker <br /> <br /> <br />pointed out that the City can reduce local taxes only by reducing its <br /> <br /> <br />expendi tures from year to year. <br /> <br />Council continued this matter for further consideration. <br /> <br />