Trader consensus prices "Yes" at 82.5% for the 2026 Billionaire Tax Act—a one-time 5% wealth tax on net worth over $1 billion—reaching California's November ballot, driven by robust signature-gathering momentum from lead proponent SEIU-United Healthcare Workers West. As of late February 2026, the campaign reported collecting 25% of the required 874,641 valid signatures, with union leader Dave Regan expressing confidence in submitting enough by the mid-April random-sampling deadline amid urgency from federal Medi-Cal funding cuts. Polls show 50-55% voter support, bolstering viability, though opposition committees have raised over $50 million from billionaires and figures like Gov. Gavin Newsom warn of wealthy exodus risks. Verification concludes by June 25, with legal hurdles possible if qualified.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$89,207 Vol.
$89,207 Vol.
Jun 25, 2026
$89,207 Vol.
$89,207 Vol.
Jun 25, 2026
This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used. Trader consensus prices "Yes" at 82.5% for the 2026 Billionaire Tax Act—a one-time 5% wealth tax on net worth over $1 billion—reaching California's November ballot, driven by robust signature-gathering momentum from lead proponent SEIU-United Healthcare Workers West. As of late February 2026, the campaign reported collecting 25% of the required 874,641 valid signatures, with union leader Dave Regan expressing confidence in submitting enough by the mid-April random-sampling deadline amid urgency from federal Medi-Cal funding cuts. Polls show 50-55% voter support, bolstering viability, though opposition committees have raised over $50 million from billionaires and figures like Gov. Gavin Newsom warn of wealthy exodus risks. Verification concludes by June 25, with legal hurdles possible if qualified.
This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Market Opened: Oct 24, 2025, 3:48 PM ET
Volume
$89,207End Date
Jun 25, 2026Market Opened
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used. Trader consensus prices "Yes" at 82.5% for the 2026 Billionaire Tax Act—a one-time 5% wealth tax on net worth over $1 billion—reaching California's November ballot, driven by robust signature-gathering momentum from lead proponent SEIU-United Healthcare Workers West. As of late February 2026, the campaign reported collecting 25% of the required 874,641 valid signatures, with union leader Dave Regan expressing confidence in submitting enough by the mid-April random-sampling deadline amid urgency from federal Medi-Cal funding cuts. Polls show 50-55% voter support, bolstering viability, though opposition committees have raised over $50 million from billionaires and figures like Gov. Gavin Newsom warn of wealthy exodus risks. Verification concludes by June 25, with legal hurdles possible if qualified.
This market will resolve to "Yes" if a ballot initiative is certified to appear on the official statewide California ballot for the November 3, 2026 election, that proposes a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent), by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved). Otherwise, this market will resolve to "No".
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Certification means the initiative is officially approved by the California Secretary of State for a statewide ballot.
The primary resolution source will be official information from the government of California. If unavailable, a consensus of credible reporting may be used.
Volume
$89,207End Date
Jun 25, 2026Market Opened
Oct 24, 2025, 3:48 PM ETResolver
0x65070BE91...Trader consensus prices "Yes" at 82.5% for the 2026 Billionaire Tax Act—a one-time 5% wealth tax on net worth over $1 billion—reaching California's November ballot, driven by robust signature-gathering momentum from lead proponent SEIU-United Healthcare Workers West. As of late February 2026, the campaign reported collecting 25% of the required 874,641 valid signatures, with union leader Dave Regan expressing confidence in submitting enough by the mid-April random-sampling deadline amid urgency from federal Medi-Cal funding cuts. Polls show 50-55% voter support, bolstering viability, though opposition committees have raised over $50 million from billionaires and figures like Gov. Gavin Newsom warn of wealthy exodus risks. Verification concludes by June 25, with legal hurdles possible if qualified.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions