This allows you to set taxation policies for specific districts, rather than globally. Use the district painter to set up districts, then use the inspector tool (furthest left), then press 'Y' to change it to the district inspector tool.Press the 'View' button to hide the UI (great for screenshots) and press the 'Menu' button to save your game and access options.The right and left bumpers are generally used to switch between tabs within a menu, such as types of roads and types of decorations.Pressing the right stick shows tooltips for each menu item, which can be incredibly useful to help learn the game.Pressing the left stick pauses the flow of time, this can be useful in a crisis.The left and right triggers zoom in and out of the map.This can be handy for removing specific elements from complex, layered infrastructure setups.
You can use this to remove any object at the top level, but while in any of the specific menus (building roads or train tracks) it will become contextually bound to the current building type. It will allow you to cycle backward through menus and cancel current tools.