Kosmont Survey Tells City Officals Business in LA is Expensive

From Joel Kotkin’s article in the LA Times:

Los Angeles could certainly use such a department. The most recent Kosmont-Rose Institute “Cost of Doing Business Survey” reported that Los Angeles remains the second-most-expensive city for businesses, behind Santa Monica, in the county and third most in the state, behind San Francisco and Santa Monica. Any hope of reform in terms of tax or regulatory relief, suggests Larry Kosmont, the report’s author, is unlikely because of the city’s fiscal crisis.

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