California Proposition 40 would impose a one-time 5% tax on the net worth of state billionaires, valued as of December 31, 2026, with revenue directed to healthcare, education, and food assistance programs. Governor Gavin Newsom has publicly opposed the measure and instead advocated a federal wealth tax, while competing ballot initiatives such as Proposition 42 seek to prohibit new personal property taxes and could nullify Prop 40 if they receive more votes. Recent polling shows narrow leads or close splits among likely voters, with strong partisan divides and opposition from business interests citing risks of capital flight and legal challenges. These factors, combined with the measure’s novelty and structural vulnerabilities, underpin trader consensus that passage remains unlikely.
Eksperymentalne podsumowanie AI odwołujące się do danych Polymarket. To nie jest porada handlowa i nie ma wpływu na rozstrzyganie tego rynku. · ZaktualizowanoTak
28% szansa
$3,665,827 Wol.
$3,665,827 Wol.
Nov 3, 2026
Tak
28% szansa
$3,665,827 Wol.
$3,665,827 Wol.
Nov 3, 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 Proposition 40 would impose a one-time 5% tax on the net worth of state billionaires, valued as of December 31, 2026, with revenue directed to healthcare, education, and food assistance programs. Governor Gavin Newsom has publicly opposed the measure and instead advocated a federal wealth tax, while competing ballot initiatives such as Proposition 42 seek to prohibit new personal property taxes and could nullify Prop 40 if they receive more votes. Recent polling shows narrow leads or close splits among likely voters, with strong partisan divides and opposition from business interests citing risks of capital flight and legal challenges. These factors, combined with the measure’s novelty and structural vulnerabilities, underpin trader consensus that passage remains unlikely.
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.
Rynek otwarty: Oct 24, 2025, 3:48 PM ET
Wolumen
$3,665,827Data zakończenia
Nov 3, 2026Rynek otwarty
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 Proposition 40 would impose a one-time 5% tax on the net worth of state billionaires, valued as of December 31, 2026, with revenue directed to healthcare, education, and food assistance programs. Governor Gavin Newsom has publicly opposed the measure and instead advocated a federal wealth tax, while competing ballot initiatives such as Proposition 42 seek to prohibit new personal property taxes and could nullify Prop 40 if they receive more votes. Recent polling shows narrow leads or close splits among likely voters, with strong partisan divides and opposition from business interests citing risks of capital flight and legal challenges. These factors, combined with the measure’s novelty and structural vulnerabilities, underpin trader consensus that passage remains unlikely.
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.
Wolumen
$3,665,827Data zakończenia
Nov 3, 2026Rynek otwarty
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...California Proposition 40 would impose a one-time 5% tax on the net worth of state billionaires, valued as of December 31, 2026, with revenue directed to healthcare, education, and food assistance programs. Governor Gavin Newsom has publicly opposed the measure and instead advocated a federal wealth tax, while competing ballot initiatives such as Proposition 42 seek to prohibit new personal property taxes and could nullify Prop 40 if they receive more votes. Recent polling shows narrow leads or close splits among likely voters, with strong partisan divides and opposition from business interests citing risks of capital flight and legal challenges. These factors, combined with the measure’s novelty and structural vulnerabilities, underpin trader consensus that passage remains unlikely.
Eksperymentalne podsumowanie AI odwołujące się do danych Polymarket. To nie jest porada handlowa i nie ma wpływu na rozstrzyganie tego rynku. · Zaktualizowano
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