LA voters approve mansion tax of up to 5.5% on property deal

The levy, known as Proposition ULA, will see property deals between $5million and $10million taxed 4 percent, and mega mansion deals worth over the $10million taxed 5.5 percent.

Related Keywords

Beverly Hills , California , United States , Los Angeles , Lewis Center , America , American , Bloomberg , Housing Department , Union Rescue Mission , Mansion Global , Bel Air , Regional Policy Studies , Skid Row , Los Angeles Skid Row , Dailymail , News , Homelessness ,