#168 Los Angeles CC: How One Of The World's Most Secretive Golf Clubs Saves $80 Million On Taxes
The Joe Pomp Show
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Introduction
Los Angeles Country Club is the hosts of this week's US Open Tournament. Despite being valued at roughly $8 billion today, two laws implemented in California more than 45 years ago allow LACC to save $80 million on taxes annually. The 800-member private club still mostly lives in the past and currently employs some of the strictest rules that you'll find in any of the world's top country clubs.
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Transcript
