Trader consensus on Polymarket reflects a 63.5% implied probability against passage of California's 2026 Billionaire Tax Act, a one-time 5% levy on net worth exceeding $1 billion to fund healthcare, education, and food assistance amid federal cuts. Despite early March polling showing 52% voter support and 1.5 million signatures submitted in late April to secure the November 3 ballot spot—currently under verification—opposition has intensified with reports of at least six billionaires, including Larry Page and Sergey Brin, relocating before the January 1 snapshot, potentially costing billions in future income tax revenue per Hoover Institution estimates. Governor Newsom and leading gubernatorial candidates deem it economically damaging, while revelations of a legislative clause allowing 2/3-vote amendments to expand the tax without voter approval have fueled "Trojan horse" concerns. Billionaire-funded opposition campaigns are ramping up, echoing historical ballot measure shifts where initial leads erode under scrutiny.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गयाहाँ
$3,275,905 वॉल्यूम
$3,275,905 वॉल्यूम
हाँ
$3,275,905 वॉल्यूम
$3,275,905 वॉल्यूम
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.
बाज़ार खुला: Oct 24, 2025, 3:48 PM ET
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...Trader consensus on Polymarket reflects a 63.5% implied probability against passage of California's 2026 Billionaire Tax Act, a one-time 5% levy on net worth exceeding $1 billion to fund healthcare, education, and food assistance amid federal cuts. Despite early March polling showing 52% voter support and 1.5 million signatures submitted in late April to secure the November 3 ballot spot—currently under verification—opposition has intensified with reports of at least six billionaires, including Larry Page and Sergey Brin, relocating before the January 1 snapshot, potentially costing billions in future income tax revenue per Hoover Institution estimates. Governor Newsom and leading gubernatorial candidates deem it economically damaging, while revelations of a legislative clause allowing 2/3-vote amendments to expand the tax without voter approval have fueled "Trojan horse" concerns. Billionaire-funded opposition campaigns are ramping up, echoing historical ballot measure shifts where initial leads erode under scrutiny.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गया
बाहरी लिंक से सावधान रहें।
बाहरी लिंक से सावधान रहें।
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