LA City Council shelves ballot measure to cancel the ‘mansion tax’ on new apartments

LA City Council shelves ballot measure to cancel the ‘mansion tax’ on new apartments
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Aerial view of a new construction home in Encino in 2024.(Wirestock/Getty Images / iStockphoto)Despite multiple efforts to put reforms on the November ballot, Los Angeles voters will not get to decide whether to roll back the city’s controversial “mansion tax” on apartment buildings.The L.A. City...