Cutting taxes to get car dealers

n an attempt to lure new vehicle dealers to Los Angeles, Mayor Antonio Villaraigosa on
Tuesday called for exempting them from the city's business tax.
The move could cost the city $3.6 million - the amount received from dealers in gross receipts tax last year - but officials maintain it could be offset by new sales tax revenue

generated by luring new dealers. Gregory J. Wilcox in the Daily News.

Last year, the city took in $29 million in sales tax revenue from its existing dealers.

"For too long, L.A.'s business tax has driven auto dealers outside the city limits," the mayor said. "But there are smart reforms we can make right now."