As December wound down, California Governor Jerry Brown signed a bill that would allow Los Angeles County officials to put a sales tax increase on the ballot in 2016 to raise billions for a slate of transportation projects. It is projected that the sales tax hike, to 9.5 percent, could bring in $120 billion for a variety of road and transit projects that could change the commuting landscape in LA.
- Gov. Brown signed legislation clearing the way for a ballot proposal to raise the sales tax to pay for LA transportation improvements.
- The tax extension and increase could raise $120 billion over 40 years.
- According to polls, residents support the tax plan.
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Inman Connect New York | January 29 - February 1, 2019