LA Mansion Tax Is A Failure As Real Estate Deals Drop Exponentially
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=RBQsea5mISA
The so-called Los Angeles mansion tax was an absolute failure as the number of real estate deals within the city declined exponentially. The mansion tax was proposed to help find homelessness programs, however, the amount of money raised was a fraction of the amount that they assumed would be collected. • The tax on mansions is actually a tax on landlords and real estate developers because it is a real estate transfer tax that applies to all properties over $5 million including shopping centers, industrial properties, shopping, malls, and large apartment complexes.  • https://laist.com/brief/news/housing-... • https://abc7.com/los-angeles-mansion-...
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