Tax
Mar. 31, 2023
L.A. wants to consolidate challenges to ‘mansion tax’
Measure ULA requires a 4% tax on properties sold or transferred for more than $5 million and a 5.5% tax on properties sold or transferred for more than $10 million.
The city of Los Angeles is seeking to consolidate two lawsuits challenging Measure ULA, a property tax on "mansions" intended to fund affordable housing. Meanwhile, community groups and organized labor joined the city to defend the tax, which goes into effect April 1.
The Howard Jarvis Taxpayers Association sued the city in December. They argue that Measure ULA is unconstitutional under Proposition 13 of the California Constitution because...
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