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flag Freddie Freeman lost $2M on his home sale due to California’s 4%-5.5% property tax on high-value sales.

flag Los Angeles Dodgers first baseman Freddie Freeman reportedly lost $2 million on his home sale due to California’s Measure ULA, a 2022 voter-approved real estate transfer tax that imposes 4% to 5.5% fees on properties valued at $5.3 million or more, regardless of profit or loss. flag Critics say the tax, intended to fund homelessness and housing programs, discourages development, reduces housing supply, and affects commercial and damaged properties, with opponents arguing it was crafted by special interests to bypass higher approval thresholds. flag The courts have upheld the law despite concerns over its economic impact.

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