California’s proposed one-time 5 percent wealth tax on individuals and couples with net worth above $1 billion has advanced significantly toward the November 2026 ballot. Proponents from SEIU United Healthcare Workers West submitted more than 1.5 million signatures in late April 2026, substantially exceeding the roughly 875,000 valid signatures required for qualification. State officials are scheduled to complete verification by late June, and the large surplus collected makes formal certification probable absent major disqualifications. While opponents including business groups have signaled plans to challenge the measure in court or campaign against it, the signature threshold has been cleared through standard initiative procedures, driving trader consensus that the proposal will appear for voter consideration.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$130,590 Vol.
$130,590 Vol.
Jun 25, 2026
$130,590 Vol.
$130,590 Vol.
Jun 25, 2026
This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used. California’s proposed one-time 5 percent wealth tax on individuals and couples with net worth above $1 billion has advanced significantly toward the November 2026 ballot. Proponents from SEIU United Healthcare Workers West submitted more than 1.5 million signatures in late April 2026, substantially exceeding the roughly 875,000 valid signatures required for qualification. State officials are scheduled to complete verification by late June, and the large surplus collected makes formal certification probable absent major disqualifications. While opponents including business groups have signaled plans to challenge the measure in court or campaign against it, the signature threshold has been cleared through standard initiative procedures, driving trader consensus that the proposal will appear for voter consideration.
This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Market Opened: Oct 24, 2025, 3:48 PM ET
Volume
$130,590End Date
Jun 25, 2026Market Opened
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used. California’s proposed one-time 5 percent wealth tax on individuals and couples with net worth above $1 billion has advanced significantly toward the November 2026 ballot. Proponents from SEIU United Healthcare Workers West submitted more than 1.5 million signatures in late April 2026, substantially exceeding the roughly 875,000 valid signatures required for qualification. State officials are scheduled to complete verification by late June, and the large surplus collected makes formal certification probable absent major disqualifications. While opponents including business groups have signaled plans to challenge the measure in court or campaign against it, the signature threshold has been cleared through standard initiative procedures, driving trader consensus that the proposal will appear for voter consideration.
This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Volume
$130,590End Date
Jun 25, 2026Market Opened
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...California’s proposed one-time 5 percent wealth tax on individuals and couples with net worth above $1 billion has advanced significantly toward the November 2026 ballot. Proponents from SEIU United Healthcare Workers West submitted more than 1.5 million signatures in late April 2026, substantially exceeding the roughly 875,000 valid signatures required for qualification. State officials are scheduled to complete verification by late June, and the large surplus collected makes formal certification probable absent major disqualifications. While opponents including business groups have signaled plans to challenge the measure in court or campaign against it, the signature threshold has been cleared through standard initiative procedures, driving trader consensus that the proposal will appear for voter consideration.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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