Expand image📰00Read later0Read MoreFailure of California Billionaire Tax Strikes Blow to Progressive AgendaNYT > Top Stories·Andrew Duehren·about 2 hours ago#yx9kuQuU#newyorktimes#news#nytimes#wealth#billionaires+5 more🧰Tag tools✨Add tagReading 0:0015s thresholdBookmarkA wealth tax on billionaires seemed like a political layup. The outcome of a California ballot initiative shows otherwise. Expand ContentAnonymous readers can preview up to 1024 characters here. Log in to unlock the full article once ingest succeeds.