Posts Tagged ‘Taxes’
California Supreme Court Removes Taxpayer Protection Act from the November BallotÂ
The California Supreme Court voted to remove the Taxpayer Protection and Government Accountability Act (TPA) from the November ballot. TPA aimed to reinstate the two-thirds majority vote requirement for new taxes and grant voters the authority to approve or reject new and increased taxes.
Read MoreLong Beach Considers Transfer Tax to Shore Up Revenue
This week, the Long Beach City Council will be presented with revenue options to compensate for declining oil tax revenues. A transfer tax proposal modeled on Measure ULA is among the revenue options on the menu.
Read MoreGlendale City Council Split on Taxes
At the Glendale City Council’s first budget study session, the city council was presented with ideas for new taxes, including a transfer and parcel tax.
The other proposed taxes included a business license tax and a marijuana tax proposal.
LA Considering Parcel Tax for November Ballot
The City of Los Angeles is considering the placement of a Parcel Tax Measure for the November 2022 ballot. The tax’s purpose is to provide funding for parks and recreation infrastructure.
The proposed tax rate is not available yet. However, any new tax proposal in the current economic climate is concerning.
New Tax Measure Coming to Culver City
On June 13th, the Culver City City Council decided against adding a parcel tax to the November ballot. However, they will proceed with a Business License Tax ballot measure.
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