Jeffrey Gundlach(@TruthGundlach):So you want to “tax the rich”, do ya? The LA “Mansion Tax” in its first 3 years has resulted in: * a revenue DECREASE of $452 million * 9100 new home constructions blocked (1000 of which were “affordable housing”) * 16,650 full time construction jobs lost

Jeffrey Gundlach

@TruthGundlach

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Jeffrey Gundlach@TruthGundlach

2026.10.05 16:11

So you want to “tax the rich”, do ya? The LA “Mansion Tax” in its first 3 years has resulted in: * a revenue DECREASE of $452 million * 9100 new home constructions blocked (1000 of which were “affordable housing”) * 16,650 full time construction jobs lost

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