The current House tax bill bestows Californians with incomes in the top one percent more than half of its cuts by 2027. It passed 227-205, on a mostly party line vote.
Co-published by International Business Times
In California’s recent legislative “grand compromise” of an affordable housing package, developers got subsidies for building and a streamlined path to construction. It’s hard to see what they gave up in the exchange.
Although it took nearly two weeks to tally the votes from the March 7 election, Los Angeles County ballot Measure H has officially achieved the 69 percent vote supermajority needed to pass a half-cent sales tax hike.
California’s housing predicament has been at critical mass for a long time – on any given night there are 47,000 homeless people living on L.A. County streets.
Rarely has a ballot measure united so many divergent groups in opposition as has Measure S, a proposition on the city’s March 7 ballot that would impose strict limits on development.