While architects and small firms would undoubtedly benefit from the income tax cuts and deduction, the sales tax on services is problematic for the architectural profession. If the tax plan is approved, architects may find themselves at a distinct disadvantage to out of state firms. — aia.org
The public handout will include a three-year holiday from the city's gross revenue taxes — a deal the city offers to relocating companies, and one that could save Gensler hundreds of thousands of dollars.
That would have been enough, you'd think, and hard to argue with. But city officials also paved the way for Gensler to receive a $1-million Community Development Block Grant, a federal program that historically has focused on stimulating economic growth and housing in low-income communities. — latimes.com
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