Fundamental principles.
Section 2
SEC. 2. Fundamental principles. — The exercise of the taxing and other revenue-raising powers vested in local governments shall be guided by the following fundamental principles: (a) Taxation shall be uniform in each local political subdivision; (b) Taxes and other impositions shall be based as much as possible on the taxpayers1 ability to pay; (c) Taxes shall be levied and collected only for public purposes; (d) Taxes and other impositions must not be unjust, excessive, oppressive or confiscatory; (e) Taxes and other impositions must not be contrary to law, public policy and national economic policy, nor in restraint of trade; (f) In no case shall the collection of local taxes and other impositions be let to any person; (g)The monies collected under this Code shall ensure solely to the benefit of, and subject to disposition by, the local government imposing the tax or fee, unless otherwise specifically provided herein; and (h) It shall be the responsibility of each local political subdivision to evolve a progressive system of taxation.