Recent UC Berkeley polling from mid-March 2026 shows 52% support for the 2026 Billionaire Tax Act initiative—a proposed one-time 5% wealth tax on California residents with net worth exceeding $1 billion, aimed at funding Medi-Cal expansions and social programs—against 33% opposition, with 15% undecided amid a sharp partisan divide. However, trader consensus at 67.5% "No" reflects hurdles including slow signature gathering (25% of 874,641 required as of early March, due June 25), escalating opposition campaigns funded by tech billionaires like Sergey Brin committing millions to defeat it, potential legal challenges over constitutionality, and warnings of billionaire exodus reducing revenue. Historical ballot trends show early leads for novel taxes fading under heavy ad spending.
Resumen experimental generado por IA con datos de Polymarket · ActualizadoSí
$2,835,713 Vol.
$2,835,713 Vol.
3 nov 2026
Sí
$2,835,713 Vol.
$2,835,713 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.Recent UC Berkeley polling from mid-March 2026 shows 52% support for the 2026 Billionaire Tax Act initiative—a proposed one-time 5% wealth tax on California residents with net worth exceeding $1 billion, aimed at funding Medi-Cal expansions and social programs—against 33% opposition, with 15% undecided amid a sharp partisan divide. However, trader consensus at 67.5% "No" reflects hurdles including slow signature gathering (25% of 874,641 required as of early March, due June 25), escalating opposition campaigns funded by tech billionaires like Sergey Brin committing millions to defeat it, potential legal challenges over constitutionality, and warnings of billionaire exodus reducing revenue. Historical ballot trends show early leads for novel taxes fading under heavy ad spending.
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
$2,835,713Fecha 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.Recent UC Berkeley polling from mid-March 2026 shows 52% support for the 2026 Billionaire Tax Act initiative—a proposed one-time 5% wealth tax on California residents with net worth exceeding $1 billion, aimed at funding Medi-Cal expansions and social programs—against 33% opposition, with 15% undecided amid a sharp partisan divide. However, trader consensus at 67.5% "No" reflects hurdles including slow signature gathering (25% of 874,641 required as of early March, due June 25), escalating opposition campaigns funded by tech billionaires like Sergey Brin committing millions to defeat it, potential legal challenges over constitutionality, and warnings of billionaire exodus reducing revenue. Historical ballot trends show early leads for novel taxes fading under heavy ad spending.
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
$2,835,713Fecha de finalización
3 nov 2026Mercado abierto
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...Recent UC Berkeley polling from mid-March 2026 shows 52% support for the 2026 Billionaire Tax Act initiative—a proposed one-time 5% wealth tax on California residents with net worth exceeding $1 billion, aimed at funding Medi-Cal expansions and social programs—against 33% opposition, with 15% undecided amid a sharp partisan divide. However, trader consensus at 67.5% "No" reflects hurdles including slow signature gathering (25% of 874,641 required as of early March, due June 25), escalating opposition campaigns funded by tech billionaires like Sergey Brin committing millions to defeat it, potential legal challenges over constitutionality, and warnings of billionaire exodus reducing revenue. Historical ballot trends show early leads for novel taxes fading under heavy ad spending.
Resumen experimental generado por IA con datos de Polymarket · Actualizado
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