Candidates for mayor of Los Angeles take aim at business taxes
LOS ANGELES (Reuters) – Leading candidates for mayor of Los Angeles are trumpeting the need to reduce business taxes to grow the city’s economy, even as the nation’s second-largest metropolis scrounges for new revenue to plug a budget hole set to top $1 billion over the next four years. A non-partisan primary will be held on Tuesday, and if no candidate secures a majority, the top two will advance to a May runoff to decide who will replace Mayor Antonio Villaraigosa. . . .
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