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L.A. City Council approves ‘mansion tax’ spending plan and program guidelines

L.A. City Council approves ‘mansion tax’ spending plan and program guidelines

L.A.’s tax on the sale of multimillion-dollar properties has collected about $480 million. It will be spent on affordable housing and tenant protection efforts.

​L.A.’s tax on the sale of multimillion-dollar properties has collected about $480 million. It will be spent on affordable housing and tenant protection efforts.   

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