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LA mansion tax blocked 9,100 homes, killed 16,650 jobs and cost $452M: report
LA’s controversial mansion tax has blocked thousands of homes, wiped out construction jobs and cost taxpayers $452 million, a new report finds.
LA’s “mansion tax,” sold to Angelenos as a way to tax the rich and boost housing, has instead blocked the building of 9,100 homes, wiped out 16,650 full-time construction jobs and cost $452 million in revenue.
A damning new report says the tax, offic... [8462 chars]
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