Tax Reform Plan to Be Unveiled
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City Councilwoman Wendy Greuel announced Thursday that she and Councilman Eric Garcetti will unveil a reform package for the city’s business taxes next week.
Greuel said the city’s system of business taxes is outdated, overly complicated and onerous for businesses. The reforms are designed to simplify the system, she said.
Officials hope the package can be voted on by the council before year’s end.
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