Trader consensus favors "No" at 67.5% for the proposed 2026 Billionaire Tax Act—a one-time 5% wealth tax on California billionaires' net worth exceeding $1 billion—due to intensifying opposition from affected tech executives like Sergey Brin, who are funding campaigns paying premium rates for signatures against qualification. Recent Wall Street Journal reporting highlights this spending surge, alongside reports of billionaires relocating out-of-state ahead of the retroactive 2025 residency trigger, eroding the projected $50-100 billion revenue for healthcare programs. Despite a mid-March poll showing fragile 50% support among likely voters, the campaign has gathered just 25% of required signatures as of early March, with expert analyses from Tax Foundation and others citing valuation challenges, constitutional risks, and long-term fiscal losses as key barriers before the July deadline and November ballot.
Экспериментальная сводка, созданная ИИ на основе данных Polymarket · ОбновленоДа
$2,835,698 Объем
$2,835,698 Объем
3 нояб. 2026 г.
Да
$2,835,698 Объем
$2,835,698 Объем
3 нояб. 2026 г.
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.Trader consensus favors "No" at 67.5% for the proposed 2026 Billionaire Tax Act—a one-time 5% wealth tax on California billionaires' net worth exceeding $1 billion—due to intensifying opposition from affected tech executives like Sergey Brin, who are funding campaigns paying premium rates for signatures against qualification. Recent Wall Street Journal reporting highlights this spending surge, alongside reports of billionaires relocating out-of-state ahead of the retroactive 2025 residency trigger, eroding the projected $50-100 billion revenue for healthcare programs. Despite a mid-March poll showing fragile 50% support among likely voters, the campaign has gathered just 25% of required signatures as of early March, with expert analyses from Tax Foundation and others citing valuation challenges, constitutional risks, and long-term fiscal losses as key barriers before the July deadline and November ballot.
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.
Открытие рынка: Oct 24, 2025, 3:48 PM ET
Объем
$2,835,698Дата окончания
3 нояб. 2026 г.Открытие рынка
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.Trader consensus favors "No" at 67.5% for the proposed 2026 Billionaire Tax Act—a one-time 5% wealth tax on California billionaires' net worth exceeding $1 billion—due to intensifying opposition from affected tech executives like Sergey Brin, who are funding campaigns paying premium rates for signatures against qualification. Recent Wall Street Journal reporting highlights this spending surge, alongside reports of billionaires relocating out-of-state ahead of the retroactive 2025 residency trigger, eroding the projected $50-100 billion revenue for healthcare programs. Despite a mid-March poll showing fragile 50% support among likely voters, the campaign has gathered just 25% of required signatures as of early March, with expert analyses from Tax Foundation and others citing valuation challenges, constitutional risks, and long-term fiscal losses as key barriers before the July deadline and November ballot.
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.
Объем
$2,835,698Дата окончания
3 нояб. 2026 г.Открытие рынка
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...Trader consensus favors "No" at 67.5% for the proposed 2026 Billionaire Tax Act—a one-time 5% wealth tax on California billionaires' net worth exceeding $1 billion—due to intensifying opposition from affected tech executives like Sergey Brin, who are funding campaigns paying premium rates for signatures against qualification. Recent Wall Street Journal reporting highlights this spending surge, alongside reports of billionaires relocating out-of-state ahead of the retroactive 2025 residency trigger, eroding the projected $50-100 billion revenue for healthcare programs. Despite a mid-March poll showing fragile 50% support among likely voters, the campaign has gathered just 25% of required signatures as of early March, with expert analyses from Tax Foundation and others citing valuation challenges, constitutional risks, and long-term fiscal losses as key barriers before the July deadline and November ballot.
Экспериментальная сводка, созданная ИИ на основе данных Polymarket · Обновлено
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