Councilman’s plan to tax Coachella music festival on hold

NBCLA: A California city councilman’s plan to tax the popular Coachella music festival was suspended after festival promoters threatened to leave the city of Indio, Calif.

The 5-to-10 percent admission would have amounted to $36 per ticket, a cost organizers said they would not pass on to ticket-buyers. Coachella could have lost $4 million to $6 million under the tax.

Photo: Getty Images for Coachella

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