Billionaires aren’t off the hook for higher taxes, even if they did dodge California’s wealth tax

Despite Silicon Valley's heavy lobbying effort to kill California's proposed wealth tax, the incoming Democratic majority is gearing up for a national debate on taxing the ultra-rich more heavily. The article highlights how billionaires managed to dodge the California wealth tax but it doesn't mean the issue is off the table nationally. This move could signify a broader push to address income inequality and ensure the wealthy contribute more to public coffers, making it a significant topic for future policy discussions.