California's Proposition 40, a union-backed initiative imposing a one-time 5% wealth tax on the state's roughly 200 billionaires as of January 1, 2026, qualified for the November 3 ballot after signature verification in June. Governor Gavin Newsom has opposed the measure in favor of pursuing a federal wealth tax, while competing ballot initiatives backed by technology interests seek to constrain or override its revenue allocation. Recent polling shows narrow leads for the tax in some surveys, yet analysts note well-funded opposition campaigns and California's historical pattern of rejecting or repealing high-profile tax increases. Potential post-passage constitutional challenges further contribute to trader consensus favoring rejection.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jourOui
28% chance
$3,665,827 Vol.
$3,665,827 Vol.
3 nov. 2026
Oui
28% chance
$3,665,827 Vol.
$3,665,827 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.California's Proposition 40, a union-backed initiative imposing a one-time 5% wealth tax on the state's roughly 200 billionaires as of January 1, 2026, qualified for the November 3 ballot after signature verification in June. Governor Gavin Newsom has opposed the measure in favor of pursuing a federal wealth tax, while competing ballot initiatives backed by technology interests seek to constrain or override its revenue allocation. Recent polling shows narrow leads for the tax in some surveys, yet analysts note well-funded opposition campaigns and California's historical pattern of rejecting or repealing high-profile tax increases. Potential post-passage constitutional challenges further contribute to trader consensus favoring rejection.
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.
Marché ouvert : Oct 24, 2025, 3:48 PM ET
Volume
$3,665,827Date de fin
3 nov. 2026Marché ouvert
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.California's Proposition 40, a union-backed initiative imposing a one-time 5% wealth tax on the state's roughly 200 billionaires as of January 1, 2026, qualified for the November 3 ballot after signature verification in June. Governor Gavin Newsom has opposed the measure in favor of pursuing a federal wealth tax, while competing ballot initiatives backed by technology interests seek to constrain or override its revenue allocation. Recent polling shows narrow leads for the tax in some surveys, yet analysts note well-funded opposition campaigns and California's historical pattern of rejecting or repealing high-profile tax increases. Potential post-passage constitutional challenges further contribute to trader consensus favoring rejection.
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.
Volume
$3,665,827Date de fin
3 nov. 2026Marché ouvert
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...California's Proposition 40, a union-backed initiative imposing a one-time 5% wealth tax on the state's roughly 200 billionaires as of January 1, 2026, qualified for the November 3 ballot after signature verification in June. Governor Gavin Newsom has opposed the measure in favor of pursuing a federal wealth tax, while competing ballot initiatives backed by technology interests seek to constrain or override its revenue allocation. Recent polling shows narrow leads for the tax in some surveys, yet analysts note well-funded opposition campaigns and California's historical pattern of rejecting or repealing high-profile tax increases. Potential post-passage constitutional challenges further contribute to trader consensus favoring rejection.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jour
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