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L.A. Closer to Scaling Back ‘Mansion Tax’

Los Angeles lawmakers are moving toward asking voters to scale back perhaps the most controversial part of the city’s real estate regulations.  The Los Angeles City Council voted 9 to 5 Wednesday to d

Summary

Los Angeles lawmakers are moving toward asking voters to scale back perhaps the most controversial part of the city’s real estate regulations.

The Los Angeles City Council voted 9 to 5 Wednesday to direct the city attorney to draft a ballot measure that would amend Measure ULA, the city’s so-called “mansion tax,” by exempting newly […]

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