Supporters of California's 2026 Billionaire Tax Act ballot initiative, led by the SEIU-UHW union, announced over 1.5 million signatures last week—more than double the threshold needed—securing its likely spot on the November 3 ballot for a one-time 5% wealth tax on net worth exceeding $1 billion for residents as of January 1, 2026, to fund healthcare and other programs. Trader consensus favors "No" passage at 55.5%, reflecting Governor Gavin Newsom's public opposition, warnings of billionaire exodus to low-tax states like Florida and Texas, projected revenue shortfalls from flight and legal challenges over retroactivity, and divisions among Democrats and labor groups amid a heated campaign ahead.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$3,181,572 Vol.
$3,181,572 Vol.
3 nov 2026
Sí
$3,181,572 Vol.
$3,181,572 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.Supporters of California's 2026 Billionaire Tax Act ballot initiative, led by the SEIU-UHW union, announced over 1.5 million signatures last week—more than double the threshold needed—securing its likely spot on the November 3 ballot for a one-time 5% wealth tax on net worth exceeding $1 billion for residents as of January 1, 2026, to fund healthcare and other programs. Trader consensus favors "No" passage at 55.5%, reflecting Governor Gavin Newsom's public opposition, warnings of billionaire exodus to low-tax states like Florida and Texas, projected revenue shortfalls from flight and legal challenges over retroactivity, and divisions among Democrats and labor groups amid a heated campaign ahead.
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.
Mercado abierto: Oct 24, 2025, 3:48 PM ET
Volumen
$3,181,572Fecha de finalización
3 nov 2026Mercado abierto
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.Supporters of California's 2026 Billionaire Tax Act ballot initiative, led by the SEIU-UHW union, announced over 1.5 million signatures last week—more than double the threshold needed—securing its likely spot on the November 3 ballot for a one-time 5% wealth tax on net worth exceeding $1 billion for residents as of January 1, 2026, to fund healthcare and other programs. Trader consensus favors "No" passage at 55.5%, reflecting Governor Gavin Newsom's public opposition, warnings of billionaire exodus to low-tax states like Florida and Texas, projected revenue shortfalls from flight and legal challenges over retroactivity, and divisions among Democrats and labor groups amid a heated campaign ahead.
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.
Volumen
$3,181,572Fecha de finalización
3 nov 2026Mercado abierto
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...Supporters of California's 2026 Billionaire Tax Act ballot initiative, led by the SEIU-UHW union, announced over 1.5 million signatures last week—more than double the threshold needed—securing its likely spot on the November 3 ballot for a one-time 5% wealth tax on net worth exceeding $1 billion for residents as of January 1, 2026, to fund healthcare and other programs. Trader consensus favors "No" passage at 55.5%, reflecting Governor Gavin Newsom's public opposition, warnings of billionaire exodus to low-tax states like Florida and Texas, projected revenue shortfalls from flight and legal challenges over retroactivity, and divisions among Democrats and labor groups amid a heated campaign ahead.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
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