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2. Taxation in California - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_California

   In an editorial dated September 5, 1933, the Los Angeles Times criticized the 2.50% sales tax rate in stating that the "sales-tax rate should not have exceeded 1 per cent" and that the tax rate was "so high as to discourage business, which will make the tax less productive." [12]

3. 1978 California Proposition 13 - Wikipedia

   en.wikipedia.org/wiki/1978_California_Proposition_13

   t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, as well as require a 2/3 majority for tax increases ...

4. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017.

5. Opinion: My business won't flee California like SpaceX or ...

   www.aol.com/news/opinion-business-wont-flee...

   Los Angeles County may lead the state in departures, but it also had the most business applications during that year — 160,925. The challenge is getting them to stay.

6. How a 'game-changer' child tax credit for families ... - AOL

   www.aol.com/news/game-changer-child-tax-credit...

   But when the expansion of the child tax credit expired at the end of the year, Congress did not extend it, and the child poverty rate skyrocketed to 12.4% — even higher than pre-pandemic levels.

7. New mansion tax will 'chase people out of LA': Million ... - AOL

   www.aol.com/finance/mansion-tax-chase-people-la...

   Loaded 0%. In efforts to fund affordable housing programs, Los Angeles is imposing a new tax on some of its wealthiest residents and their homes. Josh Altman, star of the reality tv series ...

8. Measure R - Wikipedia

   en.wikipedia.org/wiki/Measure_R

   Measure R was a ballot measure during the November 2008 elections in Los Angeles County, California, that proposed a half-cent sales taxes increase on each dollar of taxable sales (originating in or made from Los Angeles County) for thirty years in order to pay for transportation projects and improvements. The measure was approved by voters ...

9. The mansion tax was a ‘nightmare’ for luxury Los Angeles real ...

   www.aol.com/finance/mansion-tax-nightmare-luxury...

   High mortgage rates that peaked at 8% in October hurt business, but the real obstacle was the introduction of the mansion tax, which tacks on between 4% to 5.5% to the price of selling ...