California's Wealth Tax Didn't Catch the Blue Tidal Wave

Supporters of a wealth tax could not have asked for a better political environment. Democrats won their first Senate election in Kansas since Franklin D. Roosevelt was on the ballot, swept every statewide office in Texas from governor to land commissioner and could even knock off a Republican senator in Mississippi. “No trillionaires” was a potent applause line for Democratic candidates across the country. Read Full Article »