Open for Business Again

Bring jobs and businesses back to Los Angeles with a bold pro-growth strategy that rewrites the rules, cuts the red tape, and invests in our commercial corridors.

  • Replace Gross Receipts Tax with Smart, Fair Net Profit System - Encourages entrepreneurship, keeps successful companies here, and positions LA as a growth magnet while maintaining strong tax revenue from thriving businesses.

    1. Eliminate LA’s current gross receipts tax, which penalizes low-margin businesses—even those operating at a loss.

    2. Replace with a graduated tax on **net revenue** (profits), structured as follows:

      1. Businesses under $500K in revenue: Fully exempt

      2. $500K–$5M in profit: Low flat rate on net income (e.g. 0.5–1%)

      3. $5M+ in profit: Graduated net revenue tax with incentives for local hiring and re-investment

      4. All brackets: Qualify for deductions if they hire locally, create full-time jobs, or invest in underserved areas

      5. Build in industry-specific incentives for green tech, AI, entertainment, media, manufacturing, food production, and biotech.

  • 10-Day Permit Guarantee - Keeps small business districts alive and thriving, attracts shoppers and diners, and increases sales tax revenue.

    1. Create a fast-track permitting process for all small and midsize businesses—modeled after Salt Lake City’s 10-day turnaround.

    2. Build a dedicated Business Concierge Office inside the Department of Building and Safety to guide applications from start to finish.

    3. Permits are automatically approved if the City misses the deadline.

  • Proactive Business Development Campaign - Positions LA as a premier destination for companies ready to grow, create jobs, and invest in our communities.

    1. Create a Mayor’s Business Ambassadors Program to actively recruit companies to relocate to LA

    2. Host annual Invest LA Summit to bring global investors and CEOs here to see LA’s potential.

    3. Offer relocation packages with temporary tax relief, expedited permits, and neighborhood integration support.