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OPINION
May 24, 2013
Re "Apple execs grilled over tax strategy," Business, May 22 Unbelievable, stunning, incredible that members of Congress have the audacity to bring the chief executive of one of the most successful companies this country has ever seen to grill him on Apple Inc.'s tax strategy (which, by the way, is perfectly legal) so they can try to wring more money out of him. Apple paid $6 billion in taxes last year; isn't that enough? Forcing Chief Executive Tim Cook to respond to legislators who have been on the public dole much of their lives and haven't done much in the way of intellectual innovation (or even fixing this country economically)
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BUSINESS
April 10, 2014 | By Marc Lifsher
SACRAMENTO - Private space companies, such as SpaceX in Hawthorne, would get a local property tax break on launch vehicles, fuel, satellites and other gear under a bill approved overwhelmingly Thursday by the state Senate. The proposal, AB 777 by Assemblyman Al Muratsuchi (D-Torrance), would create the exemption from local property taxes for a 10-year period that would end Jan. 1, 2024. Legislation is needed to modernize the state's tax code to encourage companies such as billionaire Elon Musk's SpaceX to build their rockets and spacecraft in California, Muratsuchi said.
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SPORTS
November 26, 2013 | By Lance Pugmire
Manny Pacquiao's bank accounts in the Philippines have been frozen, stopping him from fulfilling his promise to help typhoon victims in his homeland, according to his promoter. Pacquiao was locked in training camp more than 400 miles away from the typhoon's deadly devastation when it struck, killing more than 5,200, and he vowed after beating Brandon Rios by unanimous decision in Macao, China, on Saturday night Pacific time that he would roll up his sleeves and help with his country's recovery.
CALIFORNIA | LOCAL
April 2, 2014 | By Emily Alpert Reyes
More than 450   medical marijuana shops have filed renewals to pay Los Angeles business taxes this year - more than three times as many as are allowed to stay open under Proposition D. The new numbers won't settle the debate over how many medical marijuana businesses are now operating in Los Angeles. Additional pot shops may be open but have fallen delinquent on their taxes. Some may have never registered to pay taxes at all. But the numbers provide the latest hint at what has happened since Los Angeles voters passed new rules attempting to restrict medical marijuana shops.
NATIONAL
February 17, 2014 | By David Horsey
Especially when it comes to economic policy, too many politicians are motivated by myths more than by facts. A prime example: the myth of the job creators. Republicans, such as Speaker of the House John Boehner, talk of job creators in reverent, worshipful terms. In their vision of how the world works, it is these brave titans of capitalism who, with no help from anyone else, build the companies that create jobs for American workers. To Boehner and his party, anything that inhibits job creators in their endeavors - taxes, environmental laws, financial regulations - is a job killer.
OPINION
May 5, 2012
Re "A truly loopy tax loophole," Column, May 3 It's deja vu all over again. A provision of Proposition 24 on the November 2010 ballot would have eliminated the option that multi-state businesses have to choose between two tax formulas. Proposition 24 was defeated. Sandra Wolber Granada Hills ALSO: Letters: Getting Bin Laden Postscript: An anti-Vatican bias? Letters: A truth filter for political ads
CALIFORNIA | LOCAL
August 24, 1993
Hallelujah!--are the rich to begin to pay their fair share of taxes? GENE GALVIN Los Angeles
CALIFORNIA | LOCAL
October 2, 2013 | By Lee Romney
SAN FRANCISCO - Sandwiched between rows of homes in the fog-kissed Mission Terrace neighborhood, Little City Gardens provides salad greens and fresh-cut flowers to local restaurants from what was once a weedy vacant lot. Like many of California's urban agriculture practitioners, however, Caitlyn Galloway is plagued by a key uncertainty: She is on a month-to-month lease with a landlord who must recoup the lot's steep property taxes and may soon...
NEWS
November 16, 2012
Re “ 2 cities' plans to tax sugary drinks fizzle ,” Nov. 8 Voters in El Monte and Richmond saw the bigger picture on election day. Those cities have fantastic (and, in many cases, free) nutrition education programs available. In my experience as a registered dietitian, it is these efforts that can eventually curb our obesity problem. Carol Sloan Long Beach More letters to the editor ...  
OPINION
August 1, 2012
Re "Streets paved with frustration," July 29 William Fleischman's comment that he and his fellow Holmby Hills residents pay "millions of dollars to Los Angeles in property taxes, and we're getting back thousands of dollars in services" must be in jest. Perhaps he forgot about the police, fire, justice, permitting, planning, parks, recreation, street lighting and multiple other services the city of Los Angeles provides. Our infrastructure, at all governmental levels, is in disrepair, as we have been falsely led to believe we don't have to pay for it. What we do pay is not adequate for the level of infrastructure Fleischman demands.
CALIFORNIA | LOCAL
March 31, 2014 | By David Zahniser and Laura J. Nelson
A plan for increasing the sales tax to fix Los Angeles' broken streets is on a collision course with a similar levy being pushed for regional transit projects. Two weeks ago, the top budget advisor to the Los Angeles City Council said a tax increase is the only way thousands of miles of severely damaged roads and sidewalks will get repaired. A half-cent increase in the sales tax, which would generate $4.5 billion over 15 years, should appear on the November ballot, City Administrative Officer Miguel Santana said.
CALIFORNIA | LOCAL
March 30, 2014 | By Abby Sewell
Candidates competing to be the next Los Angeles County assessor tangled in their first public debate Sunday over tax policy and the best way to reform the office after a scandal that led to the arrest of the current assessor. But they were largely united in their criticism of one candidate who was not present: Jeffrey Prang, a West Hollywood councilman and special assistant in the assessor's office, who is so far the front-runner in fundraising and endorsements. Twelve candidates are running to replace Assessor John Noguez, who is on leave and fighting charges that he had property values reduced for campaign contributors.
CALIFORNIA | LOCAL
March 28, 2014 | By Laura J. Nelson
Hoping to garner voter and political support across Los Angeles County for a possible half-cent sales tax increase, transportation advocates gathered downtown Friday to unveil a proposal for a 2016 ballot measure that could fund a range of new transit projects, including a toll highway and rail line through the Sepulveda Pass. The tax proposal, announced by the advocacy group Move L.A., could raise an estimated $90 billion over 45 years and cost the average resident 25 cents to 30 cents a day, proponents said.
NATIONAL
March 28, 2014 | By Paresh Dave
Gay rights advocates in Michigan cheered Atty. Gen. Eric H. Holder Jr.'s announcement Friday that the federal government will recognize about 300 same-sex marriages hastily performed March 22. But the small victory translates to more complications for some newlyweds. After a federal judge struck down the state's gay marriage ban March 21, Deborah Dolney, 28, and her fiancee, Jessie-Mae Secord, 33, seized the opportunity to get married. Four counties opened their offices the next day to issue marriage licenses, and Dolney and Secord were among those in line.
BUSINESS
March 25, 2014 | By Marc Lifsher
SACRAMENTO - Proposed legislation aimed at providing more tax credits to attract so-called runaway movie and television productions back to the industry's birthplace in California won initial approval from a legislative committee Tuesday. The proposal would renew and increase a state tax credit - amounting to as much as $400 million a year - to better compete with generous tax subsidies available in more than 40 states, including New York, Louisiana, New York and Michigan, as well as studios in Canada and Britain.
CALIFORNIA | LOCAL
March 25, 2014 | By Seema Mehta
Republican gubernatorial candidate Neel Kashkari unveiled a jobs plan Tuesday that calls for corporate tax breaks, hydraulic fracturing of some California oil deposits, reduced regulations on business and increased spending on water storage. The 10-point plan, focused on manufacturing, water, energy and the business climate, is the first policy Kashkari has set forth since announcing in January that he would run for office. The former U.S. Treasury official said his plan would "unleash" the private sector, creating hundreds of thousands of jobs.
BUSINESS
March 23, 2014 | By Kenneth R. Harney
WASHINGTON - Here's some good news for homeowners worried that Congress will fail again to renew popular tax benefits for use in 2014 - especially those allowing for mortgage debt forgiveness, write-offs for energy-saving improvements and mortgage insurance premiums. Though there has been no formal announcement, the Senate Finance Committee under its new chairman, Ron Wyden (D-Ore.), expects to take up a so-called "extenders" package sometime this spring. "This is high on [Wyden's]
BUSINESS
March 23, 2014 | Liz Weston, Money Talk
Dear Liz: In 2007, my parents signed over their house deed to my name. Does this trigger the gift tax? They never filled out a gift tax form. Is it too late? Dad has passed on but Mom is still with us. She has Alzheimer's disease, and I have her power of attorney. Are there no taxes due because of the lifetime exclusion? Answer: Yes, a gift tax return should have been filed, but no, the gift tax itself almost certainly wasn't triggered. In 2007, each of your parents would have had to give away more than $1 million in their lifetimes before gift tax would be owed.
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