California voters face Proposition 40, a one-time 5% wealth tax on residents with net worth above roughly $1 billion as of January 1, 2026, alongside two competing measures (Propositions 41 and 42) explicitly designed to nullify it through spending audits, spending-cap rules, and bans on targeted personal-property or retroactive taxes. A mid-September Public Policy Institute of California poll showed all three measures holding narrow leads near 52%, but opposition groups backed by figures such as Sergey Brin have committed over $100 million to advertising and signature efforts. Governor Gavin Newsom and several major unions and business organizations have opposed the wealth tax, while several high-profile billionaires have relocated residency. These dynamics and the financial imbalance in the final weeks before the November 3 ballot underpin the current trader consensus favoring the opposing propositions.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · AktualisiertDie kalifornische Vermögenssteuer besiegt gegensätzliche Vorschläge?
Die kalifornische Vermögenssteuer besiegt gegensätzliche Vorschläge?
Ja
36% Chance
NEU
NEU
31. Juli 2027
Ja
36% Chance
NEU
NEU
31. Juli 2027
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026.
Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.
Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.
This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.
If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.
If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".
The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.
If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.
If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.
If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).California voters face Proposition 40, a one-time 5% wealth tax on residents with net worth above roughly $1 billion as of January 1, 2026, alongside two competing measures (Propositions 41 and 42) explicitly designed to nullify it through spending audits, spending-cap rules, and bans on targeted personal-property or retroactive taxes. A mid-September Public Policy Institute of California poll showed all three measures holding narrow leads near 52%, but opposition groups backed by figures such as Sergey Brin have committed over $100 million to advertising and signature efforts. Governor Gavin Newsom and several major unions and business organizations have opposed the wealth tax, while several high-profile billionaires have relocated residency. These dynamics and the financial imbalance in the final weeks before the November 3 ballot underpin the current trader consensus favoring the opposing propositions.
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026.
Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.
Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.
This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.
If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.
If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".
The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.
If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.
If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.
If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.
Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.
This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.
If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.
If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".
The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.
If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.
If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.
If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Markt eröffnet: Jul 1, 2026, 6:41 PM ET
Volumen
$428Enddatum
1. Aug. 2027Markt eröffnet
Jul 1, 2026, 6:41 PM ETAbwickler
0x65070BE91...Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026.
Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.
Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.
This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.
If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.
If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".
The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.
If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.
If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.
If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).California voters face Proposition 40, a one-time 5% wealth tax on residents with net worth above roughly $1 billion as of January 1, 2026, alongside two competing measures (Propositions 41 and 42) explicitly designed to nullify it through spending audits, spending-cap rules, and bans on targeted personal-property or retroactive taxes. A mid-September Public Policy Institute of California poll showed all three measures holding narrow leads near 52%, but opposition groups backed by figures such as Sergey Brin have committed over $100 million to advertising and signature efforts. Governor Gavin Newsom and several major unions and business organizations have opposed the wealth tax, while several high-profile billionaires have relocated residency. These dynamics and the financial imbalance in the final weeks before the November 3 ballot underpin the current trader consensus favoring the opposing propositions.
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026.
Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.
Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.
This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.
If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.
If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".
The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.
If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.
If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.
If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.
Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.
This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.
If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.
If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".
The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.
If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.
If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.
If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Volumen
$428Enddatum
1. Aug. 2027Markt eröffnet
Jul 1, 2026, 6:41 PM ETAbwickler
0x65070BE91...California voters face Proposition 40, a one-time 5% wealth tax on residents with net worth above roughly $1 billion as of January 1, 2026, alongside two competing measures (Propositions 41 and 42) explicitly designed to nullify it through spending audits, spending-cap rules, and bans on targeted personal-property or retroactive taxes. A mid-September Public Policy Institute of California poll showed all three measures holding narrow leads near 52%, but opposition groups backed by figures such as Sergey Brin have committed over $100 million to advertising and signature efforts. Governor Gavin Newsom and several major unions and business organizations have opposed the wealth tax, while several high-profile billionaires have relocated residency. These dynamics and the financial imbalance in the final weeks before the November 3 ballot underpin the current trader consensus favoring the opposing propositions.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · Aktualisiert
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