California’s proposed one-time 5 percent wealth tax on residents with net worth above roughly $1 billion has cleared the signature threshold after backers submitted more than 1.5 million valid petitions in late April 2026, positioning the measure for the November ballot. Labor unions and progressive groups frame the levy as a targeted response to projected federal healthcare funding reductions and a means to support Medi-Cal, K-14 education, and food assistance. Opponents, including business organizations and Republican lawmakers, have already launched counter-initiatives and introduced legislation aimed at blocking enforcement, citing concerns over retroactive valuation, residency rules, constitutional limits on property taxation, and potential capital flight. These dynamics have produced the current trader consensus that the initiative faces steep hurdles to securing a simple majority.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · AggiornatoSì
$3,280,925 Vol.
$3,280,925 Vol.
3 nov 2026
Sì
$3,280,925 Vol.
$3,280,925 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 proposed one-time 5 percent wealth tax on residents with net worth above roughly $1 billion has cleared the signature threshold after backers submitted more than 1.5 million valid petitions in late April 2026, positioning the measure for the November ballot. Labor unions and progressive groups frame the levy as a targeted response to projected federal healthcare funding reductions and a means to support Medi-Cal, K-14 education, and food assistance. Opponents, including business organizations and Republican lawmakers, have already launched counter-initiatives and introduced legislation aimed at blocking enforcement, citing concerns over retroactive valuation, residency rules, constitutional limits on property taxation, and potential capital flight. These dynamics have produced the current trader consensus that the initiative faces steep hurdles to securing a simple majority.
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.
Mercato aperto: Oct 24, 2025, 3:48 PM ET
Volume
$3,280,925Data di fine
3 nov 2026Mercato aperto
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 proposed one-time 5 percent wealth tax on residents with net worth above roughly $1 billion has cleared the signature threshold after backers submitted more than 1.5 million valid petitions in late April 2026, positioning the measure for the November ballot. Labor unions and progressive groups frame the levy as a targeted response to projected federal healthcare funding reductions and a means to support Medi-Cal, K-14 education, and food assistance. Opponents, including business organizations and Republican lawmakers, have already launched counter-initiatives and introduced legislation aimed at blocking enforcement, citing concerns over retroactive valuation, residency rules, constitutional limits on property taxation, and potential capital flight. These dynamics have produced the current trader consensus that the initiative faces steep hurdles to securing a simple majority.
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
$3,280,925Data di fine
3 nov 2026Mercato aperto
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...California’s proposed one-time 5 percent wealth tax on residents with net worth above roughly $1 billion has cleared the signature threshold after backers submitted more than 1.5 million valid petitions in late April 2026, positioning the measure for the November ballot. Labor unions and progressive groups frame the levy as a targeted response to projected federal healthcare funding reductions and a means to support Medi-Cal, K-14 education, and food assistance. Opponents, including business organizations and Republican lawmakers, have already launched counter-initiatives and introduced legislation aimed at blocking enforcement, citing concerns over retroactive valuation, residency rules, constitutional limits on property taxation, and potential capital flight. These dynamics have produced the current trader consensus that the initiative faces steep hurdles to securing a simple majority.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · Aggiornato
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