LOS ANGELES (CNS) -- A coalition of labor unions and other organizations Thursday announced a ballot measure initiative to create a tax on multi-million dollar property sales to fund solutions to ...
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LOS ANGELES (KABC) -- With Measure ULA set to kick in on April 1, Los Angeles may soon have hundreds of millions of new dollars available to use for affordable housing and homelessness programs. But ...
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How did an ‘implausible’ claim about jobs created by LA’s ‘mansion tax’ get cited by watchdogs?
A committee tasked with oversight of the city’s controversial tax said it has created 10,000 union construction jobs. LAist ...
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California's billionaires face new 5% wealth tax proposal
California Assemblymember Alex Lee and Senator Nancy Skinner introduced AB 259 in February 2024, proposing a 5% annual tax on net wealth exceeding $50 million for individuals and $100 million for ...
A group of business leaders submitted paperwork Wednesday for a ballot measure that would repeal Los Angeles’ gross receipts tax, delivering some financial relief to local employers but also punching ...
FOLLOWING successful engagements in Washington, D.C., and San Francisco, the Asian Consulting Group (ACG) continued its US-Canada Roadshow with a policy-focused roundtable discussion in Los Angeles on ...
In 2022, the Los Angeles electorate voted to slap the sale of mansions and other high-value real estate deals across the city with a hefty tax. Locals have been debating Measure ULA ever since.
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