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Billionaire one-time wealth tax passes in California election 2026?

Source: Official statements + credible-reporting consensus · End date Nov 3, 11:59 PM ET · Live market: Billionaire one-time wealth tax passes in California election 2026? · View rules on Polymarket (international site) ↗

The short version

How to read this page

Traders give Yes about 23% on “Billionaire one-time wealth tax passes in California election 2026”.

It rose 0.5 points today, and there is too little trading near the price to say whether buyers or sellers outnumber the other.

Low surprise risk: the condition as written settles it.

Describes the price, the order book and the contract rules. Not advice and not a recommendation.

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The details

Rule note: stated conditionNo single official source
Fine-print risk
Low (15/100)
Stated Condition

Pro adds the exact price, today’s change in points, buyers vs sellers in dollars, the price chart and every recorded move. See Pro

  • Official source: settlement runs on Official government/military statements plus a consensus of credible reporting (no single primary feed). Has no single feed: settlement relies on consensus reporting. No recorded moves for this market yet.
  • Fine print: Settles on the condition as written with an ET cutoff. Cutoff: Tue, Nov 3, 2026, 11:59 PM ET (venue end date; settlement waits on race calls, hard deadline Thu, Jun 25, 2026, 11:59 PM ET) Deadline: Tue, Nov 3, 2026, 11:59 PM ET (venue end date. Polymarket settles on a consensus of credible reporting.

Source named: Official government/military statements plus a consensus of credible reporting (not a tracked official feed, no release history)

Standardized read of public order book, official-source and contract-rule data, identical for every viewer. It describes the data and is not a recommendation. The venue’s published rules control settlement.

Live price, chart & buyers vs sellersPro

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Billionaire one-time wealth tax passes in California election 2026?

5-point rule check

Polymarket

Source: Official statements + credible-reporting consensus
Fine-print risk: Low (15/100)
  1. Source
  2. Deadline
  3. Counts as Yes
  4. Backup rules
  5. Other venues
Fine-print risk Low 15
1.
Who settles it (official source)
Official government/military statements plus a consensus of credible reporting (no single primary feed) · https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
2.
Deadline and time zone
Tue, Nov 3, 2026, 11:59 PM ET (venue end date; settlement waits on race calls, hard deadline Thu, Jun 25, 2026, 11:59 PM ET) America/New_York
3.
What counts as Yes
Stated ConditionResolution condition as written: "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 uni…"
4.
Backup rules (delays, cancellations, revisions)
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".
5.
Fine print and other venues
Cross-venue & fine-print settlement trap: Polymarket settles on a consensus of credible reporting; certified official results can lag media calls by weeks. Venues that settle only on certified results can resolve later, or differently if recounts change the outcome.
Rules text on file (Polymarket)

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.

Billionaire one-time wealth tax passes in California election 2026?: resolution rules & settlement traps · PolyTruth