AirTalk for November 1, 2012

Los Angeles moves forward on four new tax proposals

Los Angeles City Hall

Kevork Djansezian/Getty Images

Los Angeles City Hall

The Los Angeles City Council is one step closer to putting a half-cent sales tax proposal on the March 2013 ballot. Council President Herb Wesson is pushing the tax hike, which he says would help avoid further cuts to city services. Other proposals aimed at raising money for cash-strapped Los Angeles include raising taxes on parking, property and real estate transactions.

Wesson says his proposal will raise about $215 million a year for the general fund. That’s about how much L.A.’s budget shortfall will be for the next fiscal year. But given the blizzard of tax hike proposals facing voters in November, many of which seem doomed to fail, do Angelenos have the stomach for more tax measures? If not, are there alternatives the council members should be pursuing to address the budget shortfall?

BREAKING NEWS
AEG and opponenents to the proposed Farmers Field project have reached an agreement. The Play Fair at Farmers Field Coalition had launched a lawsuit against the project. That suit has been dismissed. The coalition says its concerns have been resolved and a settlement has been reached.

Guest:

Alice Walton, KPCC reporter

Frank Stoltze, KPCC reporter


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