The latest bid to give developers a break on Los Angeles’ big, bad “mansion tax” comes from a Democratic Socialist, with the progressive president of the Los Angeles City Council seconding the motion. Fourth District Los Angeles City Councilmember Nithya Raman’s motion to create exemptions to the two-tiered real property tax called Measure United to House L.A. — and commonly known as ULA — is set to go before the council on Jan. 27. Eighth District colleague Marqueece Harris-Dawson, who serves as president of the 15-seat council, has signed on to support the effort. Raman is proposing a ballot measure […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico