Close Menu
    Trending
    • Three-time All-Star announces retirement from baseball
    • The Trump administration cools off India-Pakistan conflict — for now
    • Warren Buffett Reveals Why He’s Retiring as Berkshire CEO
    • Who was Mike Lynch and what happened to the Bayesian yacht?
    • IEEE standard offers 6 steps for AI system procurement
    • HERE WE GO: Supreme Court Justice Amy Coney Barrett Joins Liberal Justices, Grills Trump Admin During Oral Arguments Over Nationwide Injunctions (AUDIO) | The Gateway Pundit
    • Honey Boo Boo Reveals Why She Won’t Get Married Just Yet
    • Estonia says Russia sent jet after attempt to stop sanction-breaking ship
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»World Economy»Los Angeles Raises Sales Tax To Combat Homelessness – Endless Corruption
    World Economy

    Los Angeles Raises Sales Tax To Combat Homelessness – Endless Corruption

    The Daily FuseBy The Daily FuseApril 24, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Los Angeles Raises Sales Tax To Combat Homelessness – Endless Corruption
    Share
    Facebook Twitter LinkedIn Pinterest Email


    California’s homeless disaster presents the general public sector with a precious political alternative to broaden its sources. The state and cities regularly enhance spending to fight the homeless epidemic with out producing any outcomes. Funding vanishes into the coffers of the general public sector, with the variety of individuals on the streets persevering with to rise. Persevering with their path of greed, Los Angeles has introduced it is going to increase its gross sales tax to 11.25% to help the unhoused.

    The California State Auditor launched a report final yr that exposed California’s applications to fight homelessness have been totally ineffective. 9 businesses funded by the state have obtained billions from 2018 to 2023, however homelessness is quickly rising, and California hosts the biggest homeless inhabitants within the nation. What have these public businesses executed with the $24 BILLION they have been awarded to fight homelessness?

    As for Los Angeles, the town voted in 2016 and 2017 to lift taxes, gathering $4.6 billion to help the unhoused. Measure HHH offered a $1.2 billion bond to construct 10,000 low or no-income housing models. Los Angeles County Supervisor Mark Ridley-Thomas championed this program, however was later arrested for bribery and corruption, discovered responsible, and sentenced to 42 months in jail. He continued to make public appearances with Mayor Karen Bass through the attraction course of.

    Va Lecia Adams Kellum, former chief govt of the Los Angeles Homeless Providers Authority (LAHSA), signed a $2.1 million contract for Upward Certain Home to make use of taxpayer funds to deal with the homeless. She tried to funnel these funds by means of her husband’s enterprise however was caught within the course of. LA Mayor Karen Bass, once more, was in full help of Adams Kellum. The Los Angeles County Board of Supervisors pressured Adams Kellum to resign earlier this month after thousands and thousands of {dollars} went unaccounted.

    Councilman Jose Huizar, once more, promised to scale back the variety of individuals dwelling on the streets and was one of many architects of Measure HHH. Huizar was discovered responsible and sentenced to 13 years imprisonment for accepting $1.5 billion in bribes from builders, spending a few of the funds in his possession on prostitutes as effectively. He paid a $600,000 bribe to a Chinese language actual property developer to clear himself of a sexual harassment lawsuit utilizing public funds.

    Mayor Bass maintains that homelessness is a results of grasping residents. Measure A handed this month, which is a half-cent countywide gross sales tax that’s anticipated to generate $1 billion yearly. Roughly 33.75% of these funds will go to the corrupt LA County Reasonably priced Housing Options Company (LACAHSA). Measure H can be in impact, which is a quarter-cent countywide gross sales tax set to run out in 2027. Once more, they count on this measure to generate $1 billion yearly. Measure ULA can be in place to require these buying luxurious actual property to contribute to addressing the homeless epidemic. This measure features a 4% property tax on gross sales over $5 million and a 5.5% tax on gross sales over $10 million. This third program can be anticipated to generate $1 billion in annual income.

    Los Angeles and all the state of California are overtly looting taxpayers. Read the state’s plan to cover its budget deficits – endless taxes. Even residents who select or are pressured to depart the state will incur taxes to cowl authorities thievery. Los Angeles is one in all numerous examples of how the general public sector will advantage sign to rob Peter, to not pay Paul, however to pay themselves, as they aren’t hiding the corruption. We noticed it on a nationwide degree with USAID after the DOGE audit. Increasing the general public sector solely advantages the federal government, however the authorities slowly expands its energy by proclaiming it will probably clear up all issues and exploiting empathy. Give to us so we can provide to others. In case you vote in opposition to aiding your neighbor by means of taxation, you’re grasping, as Chuck Schumer boldly proclaimed. Social justice insurance policies teetering on socialism merely be sure that everyone seems to be equal in poverty, apart from these on the very prime.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    European War is Inevitable

    May 15, 2025

    France Proposes 500% Tariff On Russian Oil

    May 15, 2025

    The Art Of Regime Change – Syria, Saudi Arabia, And Russia  

    May 15, 2025

    Are All The Leaders On Cocaine & That’s Why They Are Pushing For WWIII?

    May 15, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The ‘Most runs scored in an MLB season since 2000’ quiz

    March 31, 2025

    Beijing slams request by US lawmaker for information on Chinese students | News

    March 21, 2025

    Health Programs Shutter Around the World After Trump Pauses Foreign Aid

    February 1, 2025

    Matthew Lawrence Addresses Alleged On-Set Incident With Gabrielle Union

    February 20, 2025

    Syria says it rejects ‘foreign intervention’ after Israeli strikes | News

    April 30, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.