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Tax the rich and House the poor?

serfserf Member Posts: 9,225 ✭✭✭✭


Well looks like socialism is doing just fine on the west coast! Bernie Sanders and Elizabeth Warren are watching no doubt! I wonder how many illegals immigrants are heading for L.A. right now!

serf

https://www.bloomberg.com/news/articles/2022-11-10/measure-ula-how-la-s-mansion-tax-aims-to-rein-in-housing-costs

On Tuesday, thousands of Los Angeles voters pulled the lever for Measure ULA, a ballot initiative that aims to fund affordable housing and tenant protections by applying a levy on property sales of more than $5 million. That’s just the start of what this measure can do.

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