‘Varney & Co.’ host Stuart Varney discusses California’s new house tax developed to increase income to establish very affordable housing. Los Angeles is days absent from employing a “mansion tax,” which means sellers of luxury homes are scrambling to offload their houses. The evaluate was approved by voters in November, which provides a 4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} tax on residence gross sales concerning $5 million and $10 million, and provides a 5.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} tax on product sales earlier mentioned $10 million, according to FOX 11. “Inevitably, there is a rush to offer now, to escape the tax. Star realtor Josh Altman, who was on this software past week, is offering a million-dollar bonus to…