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BUSINESSNY Post - Politics·2h ago

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

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An estimated $1 billion in revenue from Los Angeles County's new sales tax increase is frozen due to a lawsuit challenging the measure's validity.

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.

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