The Billionaire Tax Divide: A Canary in the Coal Mine for Progressive Politics The proposed billionaire tax, Proposition 40, has become a litmus test for the Democratic Party's willingness to challenge the power of its wealthiest donors.
San Francisco Democrats' lopsided rejection of the measure, despite their statewide party's endorsement, is just the latest symptom of a deeper divide within progressive politics. This split is not new.
California's Democratic establishment has long been at odds with its more radical flank, but the billionaire tax debate exposes the fault lines in stark relief.