Tuesday, April 24, 2012

City of LA :: Business Tax Reform

In the year 2010, Los Angeles supported only 1,650,417 jobs, even though our population was at 3,792,621.  That means 2,142,204 were not working, either because of age or lack of opportunity.  I'm sure today's #'s are very similar, as well.  If only 43% of our community is working, then only 43% of our community is supporting the financial impact of our essential services.

If we want to have a sustainable city - one that is economically competitive with other world-class destinations - then we need to find a way to better balance those numbers.  One way to create more jobs is by attracting more businesses to locate in Los Angeles, and one way to do that is to make it more desirable to live here (better urban design, better architecture)  and to make it more lucrative to operate your business here.  

If you have a chance, tomorrow morning go down to City Hall and advocate your support for phasing out the gross receipts tax, which is an essential next step for ensuring our city's competitiveness for future generations.

Yours truly,

Will Wright, Hon. AIA|LA
Director, Government & Public Affairs
AIA Los Angeles

BTAC_NewGRTEliminationReport4.18.12.pdf Download this file

clkcommitteeagend281176744_04252012.pdf Download this file

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