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Helpful Taxes?

Title:

Helpful Taxes?

Published: Mon, 9 Nov 2009

Description: L.A. mayor on hiking taxes to fund massive jobs program

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Automatically Generated Transcript (may not be 100% accurate)

" I can't won't you mob tax write storming at a Los Angeles the -- starts rising by half a percent. And that -- will help pay for massive jobs program the man behind the plan. -- Antonio. Villaraigosa it is -- joining me right now the you know -- it is interesting development here because. Obviously people by and large agreed with what you were doing and others in Washington are incentivized what you're -- Is this a way for folks to pay for jobs and -- line."

" Well it is that you should know that the state. In downs in -- did also raised. The sales tax separate and apart from what we've done in Los Angeles county. Not says it's county last year. In the middle recession. Working with the business community working with a broad cross section of stakeholder who put on about a half penny sales tax. That would generate about forty billion dollars over the next thirty years for highway repair but and public transit development in LA county as you know -- another -- suggested this tax -- isn't -- it spank. Yeah this is. This is that tax hikes and specifically. For the purpose of investing in traffic congestion -- air quality. In that deterioration of the infrastructure in Los Angeles county a -- to say we have that some of the worst traffic in the United States and some of the dirty Astaire. And this -- transportation program will focus on building twelve major. Transit projects. Over a thirty year period what we're doing is we're going to Washington. With money in our hand instead of -- their -- out. And -- to them they ought to reward cities and states. That are focused on putting their own money up for job creation. For the infrastructure repair. An improvement that we need."

" When -- I guess some obvious question on my part is is there a lot parts of this money for just those purposes or. Could be used yes Heidi and other purposes because -- state federal and local program have had veered way off course."

" Yes they have and one of the reasons why the voters voted overwhelmingly at 67%. Four this is there is a lockbox. This money can only be used for transportation. It can only be used for the infrastructure investments that we waited for a long time. In this Connie. It doesn't -- it took a few years to put -- broad coalition together and even with some opposition. The vote voters voted overwhelmingly because this money can only be used. For transportation now what we want to do now -- to accelerate those projects. From thirty years to ten. I get the federal government to partner with us."

" Sort of like a matching funds -- Gonyea yeah and they are here's what interest me though armed. I -- dealing NASA had not just an ally but a lot of folks visiting that Lebanon today that doesn't sound much regard half a percent of them. There -- a lot of -- taxes for a lot of folks of all economic strides. It's having federally it's happening it had been happening in your state has slowed down with the propositions. But my point is that. You know folks are looking around and saying I can't remember being zoomed every which way what do you say --"

" Well I I certainly understand that. Have folks are are filling in the pain of this economy. We have a 14% unemployment. -- in in Los Angeles today 28000 people -- lost their homes due to foreclosure so this is a jobs bill is well. And it's one that the people are willing to invest and what we're asking the federal government to do is to partner -- him we're not coming with a handout with. Out our own resources for this kind of unprecedented. Infrastructure. Program. At what we're saying is we want the federal government to help us put. The these projects going now and accelerate him over to."

" Year period loud click and order a Hummer yeah Bosnia the -- you you and you must we go to what you do because you only I know you get seven out of ten votes to approve a tax tags and god bless you must be just does. But -- a lot of well why aren't you running for governor and are you. Who voted earlier but now your name keeps coming back to run for governor where -- stand up."

" For -- I don't know if I was great added I think what people realize. Was this was an important investment arm I find kind of -- run for governor you know would respect. With respect to governor I'm not gonna run -- and -- tell you why loving manner maybe. It may be strange to some people but. As mayor of Los Angeles. -- a lot of things to do wait -- second safest big city in the United States of America we're growing our police department we're driving down crime. Homicides are down to numbers we haven't seen since 1969. This transportation jobs program that is on our agenda so I want to finish this job I made a commitment of the people who lost."

" As Dianne Feinstein -- rising Dianne Feinstein runs or doesn't and Jerry Brown stays in the race and becomes the democratic nominate a former governor of campaigns -- new job. -- And let's say Meg Whitman is the Republican nominee where do you --"

" Well a mistake here. In Los Angeles of marijuana -- the Democrat right. I would I would support. Jerry Brown if he was the only candidate in this race -- it isn't what and I let -- feinstein's and if feinstein's in there obviously. I'd have to reconsider she's. A great friend of mine and more -- realize -- warm. You know all up. I'll wait until this if she decides to get in to make that decision all right mayor Villaraigosa very good afternoon thank you very very much. Thanks for having me."

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