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Looking for money

To help the city of Los Angeles out of its current budget crisis, would you be willing to pay up to $4 an hour for metered street parking? Kerry Cavanaugh in the Daily News.

How about a $125 surcharge on traffic violations?

Or a luxury tax on electricity used by homes larger than 5,000 square feet?

The options were among the fees and tax hikes considered by the City Council on Wednesday in its first-ever "revenue day," designed to help close a $406 million shortfall that is the largest in Los Angeles history.

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