In response to the Los Angeles City Council approving an increase of the minimum wage for hotel and airport workers, bowing again to the pressure from organized labor unions. The Los Angeles County Taxpayers Association, LATax, condemns this council action and calls on Mayor Bass to reverse the decision. LATax released this statement: The Los… Continue reading LATax: $30 Minimum Wage Vote Is a Blow to LA’s Economic Future
Month: May 2025
LATax: $30 Minimum Wage Vote Is a Blow to LA’sEconomic Future
For immediate releaseMay 16, 2025 For More Information:Aidan [email protected] LOS ANGELES — The Los Angeles City Council’s 12–3 vote to raise the minimum wage for hotel and airport workers to $30 per hour by 2028 is a reckless move that threatens to destabilize the city’s already fragile economy. The Los Angeles County Taxpayers Association (LATax)… Continue reading LATax: $30 Minimum Wage Vote Is a Blow to LA’sEconomic Future
LACTA: Bond Downgrade Confirms What Taxpayers Have Known for Years — L.A. Is Fiscally Broken
For immediate releaseApril 30, 2025 For More Information:Aidan [email protected] LOS ANGELES — S&P Global Ratings has downgraded the City of Los Angeles’ bond ratings, citing a “weakening financial position” and “emerging structural imbalance” as city leaders attempt to close a nearly $1 billion deficit. The general obligation bonds were lowered from AA to AA-, and… Continue reading LACTA: Bond Downgrade Confirms What Taxpayers Have Known for Years — L.A. Is Fiscally Broken