Will the California billionaire wealth tax appear on the ballot?
Will the California billionaire wealth tax appear on the ballot?
$71,618 vol
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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. Sources from California Secretary of State, relevant Secretary of State office, official government websites for area, the Associated Press, Reuters, The New York Times, The Washington Post, The Wall Street Journal, Bloomberg News, BBC News, Financial Times, The Guardian, Politico, CNN, Fox News, ABC News, CBS News, and NBC News.
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.
Timeline and payout
Market openNov 1, 2025 · 10:00am EDT
Market closesAfter the outcome occurs
Projected payout30 minutes after closing
SeriesKXCABILLIONAIRETAX
EventKXCABILLIONAIRETAX-26NOV03
MarketKXCABILLIONAIRETAX-26NOV03
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