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Billionaire one-time wealth tax passes in California election 2026?
In short
Yes down 2 points in the last 24 hours
- 25¢
- 76¢
- $1 per share (about 4.1x on Yes)
- 1¢
- $239k
- $4.6M
What this market means
Traders buy Yes or No shares. Each share pays $1 if it is right and nothing if it is wrong, so the price is the crowd's chance. Yes costs 25¢: if you think the real chance is higher than 25%, Yes looks cheap; if lower, No does. $4.6M has traded on it, $44k in the last 24 hours.
How it resolves
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 reso... Full rules on Polymarket
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Every outcome of this event, with the price chart, the rules and the timeline of big moves: Billionaire one-time wealth tax passes in California election 2026?.
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FAQ
What are the odds for "Billionaire one-time wealth tax passes in California election 2026?"?
The market prices "Yes" at 25¢, which means traders see about a 25% chance of it happening. A correct share pays $1 when the market resolves, so 25¢ could return about 4.1x. Prices as of 3 Nov 2026, 00:14 UTC.
How much does a correct Yes share pay?
$1 per share at resolution. At 25¢ that is about 4.1x your stake. No costs 76¢ and pays about 1.3x.
Can I get this market on PredictRips?
Not right now. PredictRips packs draw from live markets like this one, at random, with the odds and pack value shown before you pay.
When does it resolve?
Trading closes around 4 Nov 2026, 04:59 UTC. The venue's own rules decide the outcome; voided markets pay what the venue pays.