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Some affluent areas qualify for tax breaks intended to benefit the poor

Aug 15, 2010 11:35:00 PM - latimes.com
Businesses can save up to $37,400 for hiring in an economically disadvantaged area. But those areas are designated based on large census tracts that don't always reflect the intended demographic.

Residents of a hillside in Los Feliz enjoy such advantages as multimillion-dollar houses, celebrity neighbors, sweeping views of the downtown skyline and the Griffith Observatory in their backyard. They're also designated by state tax authorities as economically disadvantaged.

USA, California: (Latest Stories)