L.A. County Is Proposing To Tax Millionaires In Order To End Homelessness
In order to pay for its pricey plan-of-attack to eradicate homelessness in Los Angeles County, the L.A. County Board of Supervisors is audaciously attempting to place a 'millionaire's tax' on the November ballot for the voters' consideration. The proposed tax would take a half-percent of personal incomes exceeding $1 million annually countywide, and devote the revenue towards funding the county government's 47-point plan for ending homelessness in Los Angeles. According to a poll conducted for the county government, a whopping 76 percent of L.A. County residents favor the proposed tax on...
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