Millionaires Targeted in L.A. Tax Proposal to Ease HomelessnessBy
Los Angeles County seeks 0.5% levy on incomes above $1 million
Proposal fits trend of higher taxes on incomes of the wealthy
Los Angeles County leaders are turning to millionaires to pay for solutions to its growing homeless problem, part of a trend of state and local governments looking to raise income taxes on the highest wages.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.