Lobbying effort derails plan for L.A. tax on real estate sales

Officials who were planning a measure that would tax property transactions to fund key services are now backing a sales tax hike. The switch would hit the working class harder.

If Los Angeles City Council members vote Tuesday to place a sales tax hike on next year’s ballot, they will have delivered a major victory to the real estate indust…

Read more about Lobbying effort derails plan for L.A. tax on real estate sales