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icon for California wealth tax defeats opposing propositions?

California wealth tax defeats opposing propositions?

icon for California wealth tax defeats opposing propositions?

California wealth tax defeats opposing propositions?

34% szansa
Polymarket
NOWE
34% szansa
Polymarket
NOWE
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026. Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property. Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect. This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.

 If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market. If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No". The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution. If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot. If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market. If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).California’s proposed one-time 5% billionaire wealth tax (Proposition 40) qualified for the November 2026 ballot after collecting sufficient signatures, yet it confronts multiple competing measures backed by high-net-worth donors and aligned groups seeking to neutralize or block collection. Governor Gavin Newsom has publicly opposed the initiative, citing risks to the state economy and business retention, while labor unions remain divided and opposition committees have raised tens of millions for advertising and rival propositions. Recent polls show the measure either narrowly ahead or behind depending on sponsorship, with heavy spending from opponents likely to intensify through election day. These factors—ballot competition, official resistance, and funding imbalances—underpin trader consensus favoring the “No” outcome on whether the wealth tax defeats its counter-propositions.

Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026.

Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.

Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.

This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.



If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.

If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".

The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.

If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.

If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.

If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.

This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Wolumen
$303
Data zakończenia
Nov 3, 2026
Rynek otwarty
Jul 1, 2026, 6:41 PM ET
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026. Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property. Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect. This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.

 If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market. If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No". The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution. If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot. If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market. If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026. Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property. Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect. This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.

 If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market. If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No". The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution. If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot. If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market. If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).California’s proposed one-time 5% billionaire wealth tax (Proposition 40) qualified for the November 2026 ballot after collecting sufficient signatures, yet it confronts multiple competing measures backed by high-net-worth donors and aligned groups seeking to neutralize or block collection. Governor Gavin Newsom has publicly opposed the initiative, citing risks to the state economy and business retention, while labor unions remain divided and opposition committees have raised tens of millions for advertising and rival propositions. Recent polls show the measure either narrowly ahead or behind depending on sponsorship, with heavy spending from opponents likely to intensify through election day. These factors—ballot competition, official resistance, and funding imbalances—underpin trader consensus favoring the “No” outcome on whether the wealth tax defeats its counter-propositions.

Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026.

Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property.

Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect.

This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.



If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market.

If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No".

The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution.

If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot.

If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market.

If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”.

This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Wolumen
$303
Data zakończenia
Nov 3, 2026
Rynek otwarty
Jul 1, 2026, 6:41 PM ET
Propositions 40, 41, and 42 are California ballot measures currently scheduled for voting on November 3, 2026. Proposition 40 would apply a one-time 5% wealth tax on the assets of roughly 200 California billionaires, to be paid over five years. Proposition 41 would audit new tax spending and ban new taxes from being exempt from the state spending cap. Proposition 42 would prevent retroactive taxes and new taxes on personal property. Under the California Constitution, Article II, Section 10, subdivision (b), “if provisions of two or more measures approved at the same election conflict, the provisions of the measure receiving the highest number of affirmative votes shall prevail.” Therefore, if either Proposition 41 or 42 receive a higher number of affirmative votes than Proposition 40, its proposed wealth tax would not take effect. This market will resolve to “Yes” if Proposition 40 is approved by a majority of voters and receives more valid affirmative votes than both Proposition 41 and Proposition 42 individually at the specified election. Otherwise, this market will resolve to “No”.

 If any of the specified ballot measures are renumbered, the renumbered ballot measure will count as its successor for the purposes of this market. If Proposition 40 is not approved by a majority of voters at the specified election, this market will resolve to "No". The combined totals of valid affirmative votes received by both Propositions 41 and 42 will have no bearing on resolution of this market. This market will only consider the individually received totals of valid affirmative votes by both Propositions 41 and 42 for resolution. If Proposition 40 is approved by a majority of voters and voting on Proposition 40 happens at a different time than voting on both Propositions 41 and 42, this market will resolve to “Yes”. If Proposition 40 is approved by a majority of voters and is only challenged by one of Propositions 41 or 42 on the same ballot, this market will resolve according to whether Proposition 40 receives more valid affirmative votes than the opposing measure appearing on the same ballot. If Proposition 40 defeats the opposing measures on the same ballot, but is later made ineffective by a court decision or subsequent ballot measure, that will have no bearing on resolution of this market. If voting on Proposition 40 does not occur, or the results thereof are not known definitively, by July 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).

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"California wealth tax defeats opposing propositions?" to rynek prognoz na Polymarket, gdzie traderzy kupują i sprzedają udziały "Tak" lub "Nie" w zależności od tego, czy wierzą, że to wydarzenie nastąpi. Obecne zbiorowe prawdopodobieństwo to 40% na "Yes". Na przykład, jeśli "Tak" kosztuje 40¢, rynek zbiorowo przypisuje 40% szansy na to, że to wydarzenie nastąpi. Te kursy zmieniają się ciągle, gdy traderzy reagują na nowe informacje i wydarzenia. Udziały w poprawnym wyniku można wymienić na $1 za sztukę po rozstrzygnięciu rynku.

"California wealth tax defeats opposing propositions?" to nowo utworzony rynek na Polymarket, uruchomiony Jul 1, 2026. Jako wczesny rynek, to Twoja okazja, aby być jednym z pierwszych traderów, którzy ustalą kursy i określą początkowe sygnały cenowe rynku. Możesz też dodać tę stronę do zakładek, aby śledzić wolumen i aktywność handlową w miarę rozwoju rynku.

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Obecne prawdopodobieństwo dla "California wealth tax defeats opposing propositions?" to 40% na "Yes". Oznacza to, że społeczność Polymarket uważa, że istnieje 40% szansy na to, że to wydarzenie nastąpi. Te kursy aktualizują się w czasie rzeczywistym na podstawie rzeczywistych transakcji, dostarczając ciągle aktualizowany sygnał tego, czego rynek oczekuje.

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