Tag "pension tax"
Back to homepageCoverage of L.A. ‘pothole tax’ never mentions why budget is bare
The city of Los Angeles’ finances are in terrible shape. The city’s economy is sluggish and revenue is stagnant. Meanwhile, retirement benefits for retired city workers — especially police and firefighters — eat up ever more of the budget. “As
Read MoreL.A. proposal: That’s a pension tax — not a pothole tax
This proposal — allegedly from Los Angeles bureaucrats but almost certainly from new L.A. Mayor Eric Garcetti — got the scorn it deserved on libertarian and conservative websites when it came out Wednesday afternoon: “L.A.’s elected officials should put a half-cent
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