 NBCLA Channel 4 Looking to properly fund public services and programs in Los Angeles, the city council is moving towards putting a sales tax increase in place. As L.A. and California as a whole are cash starved, the sales tax increase is probably the right move at this point but proponents will have an uphill battle to get it in effect.
Los Angeles City Council on Wednesday took the first step toward placing a proposed sales tax increase on the March 2013 municipal ballot.
The proposed hike would raise the amount of sales tax collected in the city from 8 ?% to 9 ?%.
That would mirror what the city of Santa Monica currently charges, but would be lower than the sales tax in cities such as Burbank and Pasadena.
Los Angeles City Councilman says the proposed tax should be viewed as an investment in the city’s cash strapped services.
|