|L.A. City Council Committee Business Tax Vote
LOS ANGELES -- Statement on behalf of the Writers Guild of America, west; Screen Actors Guild; Directors Guild of America; American Federation of Television and Radio Artists; Professional Musicians, Local 47, AFM; Art Directors Guild, IATSE, Local 800; Association of Independent Commercial Producers; Affiliated Property Craftpersons, Local 44, IATSE; Recording Musicians Association of Los Angeles; and the Film Musicians Secondary Market Fund regarding the October 28, 2004 unanimous vote for tax reform by the City of Los Angeles Ad Hoc Committee on Business Tax.
"We commend the leadership and vision of Mayor Hahn, Ad Hoc Committee Councilmembers Tony Cardenas, Wendy Greuel, and Greig Smith, as well as Councilmembers Eric Garcetti and Tom LaBonge for today's historic vote. The Greuel-Garcetti proposal for business tax reform will bring meaningful change to the City's business tax code for the first time in decades. Creative artists, craft workers, and small production companies in the entertainment industry will benefit from these tax relief proposals.
"The unanimous vote of the City Council Ad Hoc Committee on Business Tax Reform and the Mayor's support are the critical first steps to achieving citywide reform that will benefit taxpayers and residents alike. The broad based coalition of labor, business, and community organizations, Citizens for Business Tax Reform Now, is a demonstration of what a united community can accomplish."
Greuel-Garcetti Business Tax Reform Proposal Approved in Most Significant Tax Victory to Date