Mayor and Business a Poor Union
Antonio Villaraigosa’s re-election Tuesday is OK. After all, he is a pretty good mayor.
My only complaint: He’s no friend to business.
That’s always seemed evident but it became even more clear last week when, in a late campaign swing, he stopped by the Los Angeles Business Journal offices to meet with reporters and editors. Our first question: Since businesses here are stuck with unusually high costs and high tax rates – and soon will face among the country’s highest sales tax rates – is his administration doing anything to help L.A.’s businesses combat those disadvantages?
Instead of talking about what he plans to do, he talked about the past. He said that when the city was facing a big budget deficit, he refused to suspend the third year of a scheduled tax cut for businesses.