sales tax

A 16 cm Cartier Love bracelet costs $8,655 including sales tax, and contains around 31 grams of 18 karat gold.

The half-cent sales tax proposed by the firefighters union would go before city voters as a ballot measure next November.

The push for a sales tax increase follows a period of union turmoil.

Los Angeles County is on track to meet its goals in reducing homelessness, but state and local governments have cut funding despite a new sales tax and service providers say future progress is threatened.

State and local economies will likely see a drag in sales tax revenue, while the retail and transportation sectors could be plagued by declining demand and activity.