The proposed 2026 Billionaire Tax Act, a union-backed ballot initiative seeking a one-time 5 percent levy on residents with net worth above $1 billion, cleared signature thresholds in late April and now faces formal qualification review by June. Trader consensus for rejection at 63.5 percent reflects mounting opposition, including competing ballot measures filed in early May to restrict new taxes on assets and mandate audits, alongside public statements from business leaders warning of capital flight. Governor Gavin Newsom has signaled opposition, while fiscal analyses project limited net revenue after accounting for departures and administrative costs. These factors, combined with historical resistance to wealth-based levies in California, have shaped the current implied probability ahead of the November vote.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$3,284,997 Vol.
$3,284,997 Vol.
3 nov 2026
Sí
$3,284,997 Vol.
$3,284,997 Vol.
3 nov 2026
A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election. You can read more about that here: https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.The proposed 2026 Billionaire Tax Act, a union-backed ballot initiative seeking a one-time 5 percent levy on residents with net worth above $1 billion, cleared signature thresholds in late April and now faces formal qualification review by June. Trader consensus for rejection at 63.5 percent reflects mounting opposition, including competing ballot measures filed in early May to restrict new taxes on assets and mandate audits, alongside public statements from business leaders warning of capital flight. Governor Gavin Newsom has signaled opposition, while fiscal analyses project limited net revenue after accounting for departures and administrative costs. These factors, combined with historical resistance to wealth-based levies in California, have shaped the current implied probability ahead of the November vote.
A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election. You can read more about that here: https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.
Mercado abierto: Oct 24, 2025, 3:48 PM ET
Volumen
$3,284,997Fecha de finalización
3 nov 2026Mercado abierto
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election. You can read more about that here: https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.The proposed 2026 Billionaire Tax Act, a union-backed ballot initiative seeking a one-time 5 percent levy on residents with net worth above $1 billion, cleared signature thresholds in late April and now faces formal qualification review by June. Trader consensus for rejection at 63.5 percent reflects mounting opposition, including competing ballot measures filed in early May to restrict new taxes on assets and mandate audits, alongside public statements from business leaders warning of capital flight. Governor Gavin Newsom has signaled opposition, while fiscal analyses project limited net revenue after accounting for departures and administrative costs. These factors, combined with historical resistance to wealth-based levies in California, have shaped the current implied probability ahead of the November vote.
A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election. You can read more about that here: https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.
Volumen
$3,284,997Fecha de finalización
3 nov 2026Mercado abierto
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...The proposed 2026 Billionaire Tax Act, a union-backed ballot initiative seeking a one-time 5 percent levy on residents with net worth above $1 billion, cleared signature thresholds in late April and now faces formal qualification review by June. Trader consensus for rejection at 63.5 percent reflects mounting opposition, including competing ballot measures filed in early May to restrict new taxes on assets and mandate audits, alongside public statements from business leaders warning of capital flight. Governor Gavin Newsom has signaled opposition, while fiscal analyses project limited net revenue after accounting for departures and administrative costs. These factors, combined with historical resistance to wealth-based levies in California, have shaped the current implied probability ahead of the November vote.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
Cuidado con los enlaces externos.
Cuidado con los enlaces externos.
Preguntas frecuentes