Estimated $1B generated from new sales tax hike will sit frozen after legal action

Source: New York Post

An estimated $1 billion in new revenue generated from Los Angeles County’s latest sales tax increase will have to sit untouched as a lawsuit challenges the validity of the measure. Measure ER, which was approved by voters on June 2, took effect Thursday. However, the measure and any funds raised as a result of the sales tax hike will be dormant until the new lawsuit, filed by the Libertarian Party of L.

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