Two parts: first, identify the taxes primarily used by your local jurisdiction (meaning town, city, or county) to fund its operations. If you know specifics (i.e. sales tax rate, property tax assessment level, etc), you may mention it as well.
Next, discuss in some detail your impressions of the wisdom, fairness and effectiveness of the primary tax structure used within your locale. Is it progressive? Regressive? Does it encourage business or drive business away? Does it provide adequate protection against recession? Does it allow for future growth of the community? The government body? ETC.