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  1. Prediction Markets
  2. Politics
  3. Will the California billionaire wealth tax appear on the ballot?
Will the California billionaire wealth tax appear on the ballot?

Will the California billionaire wealth tax appear on the ballot?

2.0% (24h)One-OffPoliticsElectionBusiness & Corporate4mo
KalshiKalshiCheck availabilityKYC required2% fee
Current implied probability
Yes
Yes 84%-2.0%
Market quality

44 / 100

Low quality
24h Volume

$10.9

Liquidity

$304.7

Low liquidity
Bid / Ask

77.0% / 82.0%

Spread

6.5%

Moderate spread
Market data

Updated 5 minutes ago

Nov 1, 25, 2:00 PMNov 3, 26, 4:59 AM

Trends

Outcome24hChance

Selected outcome

Yes84%

PolymarketAlso available on Polymarket

Billionaire one-time wealth tax on California ballot?

Billionaire one-time wealth tax on California ballot?

1.0%13d
Yes
Yes
-0.0%88%
No
No
+0.0%13%
60 • Medium qualityModerate spreadMedium liquidity
Total Vol$133.3K
24h Vol$16
PolymarketPOLYMARKET

Rules

If a one-time tax on billionaires ballot initiative has been officially held in California before Nov 5, 2026, then the market resolves to Yes.

Kalshi
  • For the referendum to be "officially held," voting must have commenced and concluded according to the established electoral process, votes must have been cast and are in the process of being counted or have been counted, and the referendum/ballot initiative must appear on official ballots distributed to eligible voters.
  • Voting must have officially ended by the specified date for the market to resolve Yes.
  • The following do NOT constitute "officially held": mere scheduling or announcement of the referendum for future voting, signature gathering or petition phases for ballot initiatives, court challenges or legal proceedings about the referendum, preliminary or unofficial results announcements, or recounts and post-election audits (the initial voting process determines resolution).
  • The referendum must be officially held within the specified geographic area, which can range from supranational to local jurisdictions or even "none" for certain special cases.

Probabilities may differ due to different market structures, fees, and participant pools.

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Rules

If a one-time tax on billionaires ballot initiative has been officially held in California before Nov 5, 2026, then the market resolves to Yes.

Kalshi
  • For the referendum to be "officially held," voting must have commenced and concluded according to the established electoral process, votes must have been cast and are in the process of being counted or have been counted, and the referendum/ballot initiative must appear on official ballots distributed to eligible voters.
  • Voting must have officially ended by the specified date for the market to resolve Yes.
  • The following do NOT constitute "officially held": mere scheduling or announcement of the referendum for future voting, signature gathering or petition phases for ballot initiatives, court challenges or legal proceedings about the referendum, preliminary or unofficial results announcements, or recounts and post-election audits (the initial voting process determines resolution).
  • The referendum must be officially held within the specified geographic area, which can range from supranational to local jurisdictions or even "none" for certain special cases.