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Shane Phillips on Muck Rack

Shane Phillips

As seen in: Yahoo Canada, Yahoo News Malaysia, Yahoo News New Zealand, Aol, Los Angeles Times, The Atlantic, El Periódico, Taylor & Francis Online, Gulf News, Yahoo and
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Articles

Commentary: LA’s ‘mansion tax’ needs a remodel. Here’s how to fix it

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By Jason Ward, Shane Phillips, Michael Manville
| The Derrick and The News-Herald Verified
In 2022, Los Angeles voters approved Measure ULA, a transfer tax on the sale of high-value properties inside the city limits. Nicknamed the mansion tax by its supporters, Measure ULA imposed a 4% tax on sales over $5 million and a 5.5% tax on sales over $10 million — one of the steepest such levies in the nation. Its revenue is earmarked for low-income housing programs. ULA’s tax is paid by sellers, which may explain why Mayor Karen Bass suggested suspending it after the wildfires.
Open in Who Shared View Duplicates (2) Issue with article?

Commentary: LA’s ‘mansion tax’ needs a remodel. Here’s how to fix it

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By Jason Ward, Shane Phillips, Michael Manville
| Fresno Bee Verified
In 2022, Los Angeles voters approved Measure ULA, a transfer tax on the sale of high-value properties inside the city limits. Nicknamed the mansion tax by its supporters, Measure ULA imposed a 4% tax on sales over $5 million and a 5.5% tax on sales over $10 million - one of the steepest such levies in the nation. Its revenue is earmarked for low-income housing programs. ULA's tax is paid by sellers, which may explain why Mayor Karen Bass suggested suspending it after the wildfires.
Open in Who Shared View Duplicates (22) Issue with article?

Commentary: LA’s ‘mansion tax’ needs a remodel. Here’s how to fix it

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By Jason Ward, Shane Phillips, Michael Manville
| The Lawton Constitution Verified
In 2022, Los Angeles voters approved Measure ULA, a transfer tax on the sale of high-value properties inside the city limits. Nicknamed the mansion tax by its supporters, Measure ULA imposed a 4% tax on sales over $5 million and a 5.5% tax on sales over $10 million — one of the steepest such levies in the nation. Its revenue is earmarked for low-income housing programs. ULA’s tax is paid by sellers, which may explain why Mayor Karen Bass suggested suspending it after the wildfires.
Open in Who Shared Issue with article?
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