Why California's billionaire tax failed to get the support many had anticipated
Headline from Los Angeles Times · First reported Nov 4, 1:31 AM ET () · Updated Nov 5, 6:00 AM ET · 5 sources, 6 articles

What's being reported
In one of the most expensive ballot fights in California history, opponents heavily outspent supporters of a billionaire tax to mostly fund healthcare. On Wednesday, the wealth tax appeared headed for defeat though results on Proposition 40 were too close to call.
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Why California's billionaire tax failed to get the support many had anticipated
In one of the most expensive ballot fights in California history, opponents heavily outspent supporters of a billionaire tax to mostly fund healthcare. On Wednesday, the wealth tax appeared headed for defeat though results on Proposition 40 were too close to call.
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