UCLA report claims the 'mansion tax' stifles commercial development in L.A.

Two years into Measure ULA, a new report claims that the tax is hurting commercial development and causing the city to lose $25 million in annual property tax revenue.

Apr 4, 2025 - 22:46
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UCLA report claims the 'mansion tax' stifles commercial development in L.A.
Two years into Measure ULA, a new report claims that the tax is hurting commercial development and causing the city to lose $25 million in annual property tax revenue.