L.A.'s Questionable County Fair

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The Los Angeles County Fair debuted in 1922, and was once the biggest agricultural fair in the country. Because it’s held on county grounds, the nonprofit behind the fair pays no property taxes, and is also exempt from most income taxes. Yet despite this, the fair association lost more than $6 million from 2010 to 2013, while also paying its CEO more than triple the salary of other fairs’ executives.