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Saturday, Apr 5, 2025

Chamber to Oppose Beverly Hills Tax Measure

The Beverly Hills Chamber of Commerce on Tuesday voted to oppose a March ballot measure that would increase taxes on many businesses in the city.

Measure P on the March 3 ballot would hike business taxes paid by doctors, lawyers and accountants, hike the tax on oil extracted from beneath the city and impose a 10 percent tax on private parking garages in the city. It would raise between $5 million and $7 million a year for the city’s general fund, starting next year.

The 38-member chamber board called the tax hikes a case of bad timing.

“Many local businesses have expressed serious concern to the chamber about adding taxes during an economic recession,” said Chairwoman Vicky Mense. “The board agreed that Measure P was not widely vetted in the business community and would create economic hardship for local businesses and consumers.”

Howard Fine
Howard Fine
Howard Fine is a 23-year veteran of the Los Angeles Business Journal. He covers stories pertaining to healthcare, biomedicine, energy, engineering, construction, and infrastructure. He has won several awards, including Best Body of Work for a single reporter from the Alliance of Area Business Publishers and Distinguished Journalist of the Year from the Society of Professional Journalists.

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