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A comment on L.A. council members propose taxing landlords who leave homes vacant. Parent comment

Re:L.A. council members propose taxing landlords who leave h... by gnopgnip on Friday June 21, 2019 @03:00AM (#20240510)
There is a version of this that will be on the ballot next year, but with exemptions for all residential property, all agricultural, and for commercial property valued under 2 million.
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Re:L.A. council members propose taxing landlords who leave h... by bradlys on Friday June 21, 2019 @02:24PM (#20245095)
> There is a version of this that will be on the ballot next year

Oh?

> but with exemptions for all residential property

Oh... So, nothing that applies to residential property (which is what the parent comment was talking about). Taxing some businesses is going to increase tax revenue but it won't fix the housing issue that's crushing most of us renters.

For those who want to see the initiative: https://ballotpedia.org/California_Tax_on_Commercial_and_Ind...

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