Voters nearly had a chance to gut the 'mansion tax.' Now, L.A. approves $544 million in spending

Tax policy debates center on growth versus redistribution as Americans weigh economic freedom.

Source: Headtopics
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Voters nearly had a chance to gut the 'mansion tax.' Now, L.A. approves $544 million in spending
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L.A. City Council has approved a $544-million spending plan for Measure ULA funds during the 2026 fiscal year, including $381 million for affordable housing initiatives and $163.3 million for homelessness prevention programs.

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