As the title say. Does putting taxes lower effectively work for cities? I usually help them start out, when I build new holdings (and I almost exclusively build new cities except baronies sometimes) by purchasing level 1 wall and taxe generation. Now my question is this : is it better to put the taxes lower for cities when you wish them to develop (mostly, then, the early game (first 100 years))?
Something else I wonder, is the money transfered from lord mayor to lord mayor or does his amassed fun disappears? This would put even more emphasis on permitting each lord mayor of obtaining the highest amount of money possible as fast as they can if they want to upgrade their holding (and would also explain why we never ever see vassalized lord mayors build universities).