“Game of Thrones twist”: Last minute deal spikes ballot measure to kill LA mansion tax

First you see a measure to kill L.A.’s controversial mansion tax heading toward the November ballot. Then poof: you don’t. The proposed ballot measure to eliminate Measure ULA and similar real estate transfer taxes across the state was pulled in a last-minute deal in Sacramento in favor of another measure to raise the voter threshold for certain local taxes, LAist and CalMatters reported. The 11th-hour switch came after a week of backroom haggling by Gov. Gavin Newsom’s office, state legislative leaders, housing advocates, unions and business interests sank the measure.  The Howard Jarvis Taxpayers Association, sponsor of the proposition, agreed […]

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