Luring new car dealers

Auto dealerships selling new cars would be exempt from the Los Angeles business tax under a proposal recommended by a city panel Wednesday.Daily News,

"For years, our broken tax system has been used by cities around us as a way to lure businesses," Council President Eric Garcetti said at a meeting of the Jobs and Business Development Committee.

"I am hopeful that today we say stop. We are going to do all we can to lure businesses back to the city."