The man behind the California effort to impose a first-in-the-nation tax on billionaires knows it’s a Hail Mary. But even if it fails, he’s not stopping.
A first-in-the-nation proposal in California to tax billionaires could test voters' appetite for levying a wealth tax on the ultra-rich. Vermont Sen. Bernie Sanders is headlining events to urge Californians to pass the measure. But it faces significant political headwinds.
