Saturday, 4 June 2016

L.A. County Is Proposing To Tax Millionaires In Order To End Homelessness

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...
Read more: http://snapzu.com/tukka/la-county-is-proposing-to-tax-millionaires-in-order-to-end-homelessness

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