How much of that do you think will actually be used to help the homeless???
I predict a flood of millionaires moving just outside the county line if this is passed.
Prediction: Three years from now LA will still have a homeless problem.
It will be interesting to watch the rats spin why this tax didn’t work.
Not all homeless folks are poor. Some have jobs that pay well. They’ve just chosen the homeless lifestyle and don’t want a change.
GET AFTER IT YOU IDIOTS.
There will always be homelessness, and any money from taxes will just be wasted by government and liberals.
The estimates.....
The estimated are always a lot lower than projected.
We here all know why.
The libtards who put these sham estimates together also know why,
But they always fake surprise when they come in a lot lower than expected.
And we let them get away with the fake surprise.
1. California is the epitome of tax n spend insanity.
2. LA mayor Garcetti spends 120+ MILLION per year on the homeless problem. Its projected that they will spend 1.2 Billion dollars over the next ten years.
There are still many hopeless mentally ill homeless camping out year ‘round on highway overpasses and underpasses.
The more LA spends on the homeless, the more arrive.
3. LA and CA state sales tax have hit 10 %.
Reagan’s Golden state has gone to hell.
Understanding California’s Sales Tax - Legislative Analyst’s Office
www.lao.ca.gov/reports/2015/finance/sales-tax/underst... Proxy Highlight
May 5, 2015 ... As discussed later in this report, California’s sales tax rate varies ..... California’s Rates Range From 7.5 Percent to 10 Percent. ... Eleven Los Angeles County cities, however, have rates ranging from 9.5 percent to 10 percent.
Making sense of California’s sales tax - LA Times - Los Angeles Times
www.latimes.com/local/california/la-me-aa2-snapshot-s... Proxy Highlight
Nov 28, 2014 ... California’s sales tax varies depending on the city or county ... to as much as 10% in the Los Angeles County suburbs of La Mirada and Pico ...
My question is why aren’t all those homeless loving, guilt ridden zillionaires already not donating those millions out of the goodness of their hearts?
My prediction: many zillionaires will decamp.
Is LA trying to ship its millionaires out of the area?
Sell Jay Leno’s cars.
I’m OK with this as long as they only tax democrats.
Maybe it will be similar to Teddy Kennedy’s yacht tax, intended to stick it to people who could afford yachts. Instead it put the yacht builders out of business along with all their employees.
well isn’t that nice. LA has figured out a way to spend 250mil on more govt employees who will of course expect pensions and perks. I doubt much will actually go to helping homeless people, seeing that hundreds of millions have already been spent by dozens of non-pros with little effect, but, hey, the govt workers will sure look sharp doing it.
Build the Wall. It’s cheaper.
I can’t say it upsets me too much, considering the politics of that bunch, but even so, can they legally do that? I don’t remember any entity in California, other than the state government, having the power to impose an Income Tax.
Beyond that, it will be interesting to see how Sacramento reacts - those are the kind of taxes that drive people away, as in OUT OF STATE, where they could pay NO INCOME TAX at all (rather than their 13.3% to the state)...costing Sacramento 27 times what this tax could have raised from a hyper-rich guy for Los Angeles.
Finally, assuming it passes, it will be interesting to visit in a few years and see all of the homeless gone, it will be a much nicer place - NOT! - they are only on the streets because politicians PUT THEM THERE to be in the face of the rich. They will not be disappearing, until higher levels of government force those governments to clear them out.
Look right at the clooneys, the streisands and the all hollywood hypocrites
News flash for all these ignoramuses who have NO personal experience helping “homeless” people: Most homeless people WANT to be homeless.
Some guy 2000 years ago with divine insight stated the poor will be with us always. This is an opportunity for INDIVIDUALS to help the poor, not for voters to insist other people’s money helps the poor.
BEFORE Ahnuld even ran for CA Gov, he rallied for and won to have a law for a 1% income tax increase for anyone making a million dollars or more so the state could provide breakfast at public schools for the children of illegal Mexicans.
Los Angeles / Hollywood? Raise the tax to 100%. :-)
I foresee 250-300 millionaires moving their legal residence.
Your move L.A.