L.A. considers adding 'mansion tax' to support homeless crisis
Published Date: 10/1/2022
Source: KTLA 5
The City of Los Angeles is considering a measure that will add an additional 4% one-time sales tax on commercial buildings and residences that sell for more than $5 million. Voters will decide on the ballot proposition in the November election, which could pass with a simple majority. So far, both Mayoral candidates Rick Caruso and Karen Bass say they do not support the measure. This segment aired Friday, September 30, 2022. ยป Subscribe to KTLA: https://www.youtube.com/user/ktla?sub_confirmation=1 KTLA has been keeping Southern Californians informed since 1947. Here you will find clips from the KTLA 5 Morning News and other daily newscasts. Subscribe to our channel for breaking news and live video from Southern California, including police pursuits, wildfires and much more. | Connect with KTLA online | Our website: www.ktla.com Follow KTLA on Twitter: www.twitter.com/ktla Find KTLA on Facebook: www.facebook.com/ktla5 Follow KTLA on Instagram: www.instagram.com/ktla5news