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For now, proponents of slapping a 7 percent excise tax on outdoor ad advertising in West Hollywood, Calif., home of the iconic Sunset Strip, will have to wait. The West Hollywood City Council voted late Monday (Nov. 15) to not include the Tax Billboard Act on the March ballot.
Proponents argued that the Act could bring in more than $4 million annually in revenue for the financially starved City, cutting into the revenue of big outdoor companies such as Clear Channel Outdoor and CBS Outdoor.
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