![]() This year’s Superior Court election has drawn more attention than usual because of four candidates running together with the aim of putting a more criminal-defense-oriented perspective on the bench. The Times previously endorsed a candidate in each of those races and endorses them again. ![]() Runoffs between the top two finishers for each of those seats will appear on the Nov. Others say this amounts to an added subsidy for funding improvements related to the 2028 Olympics, and for opponents of that events, the measure is a nonstarter.Of the nine Los Angeles Superior Court races in the June primary, the six in which no sitting judge sought reelection did not produce a majority winner. Opponents of the tax, who include The Times’ editorial board and former county Supervisor Michael Antonovich, say the proposed tax and how the revenue would be spent are vague and not fully fleshed out, while also representing a decent-sized jump in people’s tax bills. ![]() They and others have argued that these funds would go a long way toward making green spaces safer, more pleasant and more accessible. Parks Foundation and Father Gregory Boyle of Homeboy Industries. Supporters of this measure include Councilman Joe Buscaino, the L.A. There would be about $227 million per year in proceeds and after 30 years the tax would drop to 2.2 cents per square foot and generate $60 million in perpetuity. The tax known as Proposition SP would authorize 8.4 cents per square foot on residential and commercial buildings. If the ballot measure were already in force, sales of these two types of real estate would have raised about $690 million, while sales of expensive single-family homes would have raised just over $200 million.Īnyone who has been to a Los Angeles park recently knows that parks are in need of a sprucing up. In 2019, if this tax had been applied, nearly half the proceeds would have come from the sale of commercial properties, and 27% would have come from the sale of multifamily residences, such as apartments, according to analysis conducted by consultant Mike Kahoe, who authored a paper on the measure for the Center for Jobs & Economy and the California Business Roundtable. ![]() Some also take issue with how the proposal is being pitched to voters since it’s being called a “mansion tax,” even though most its proceeds would come from sales of multifamily housing and commercial property. They say the tax could drive up rents and make Los Angeles a harder place to do business, which could cause firms to flee the city. Opponents of the tax include the Howard Jarvis Taxpayers Assn., a number of real estate groups and the editorial board of the Los Angeles Daily News. Although the measure has received endorsements from a slew of unions, social justice groups and The Times’ editorial board, neither mayoral candidate has come out in favor of it (Remember, the editorial boards operates separately from the newsroom). Proponents say this new tax is essential because city officials expect funds available for affordable housing construction to plummet in the coming years. The so-called documentary transfer tax would generate an estimated $600 million to $1.1 billion a year, according to a city analysis, and the proceeds would fund affordable housing construction, rental subsidies and tenant defense, among other things.
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