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Billionaire one-time wealth tax passes in California election 2026?
27¢+270
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Quick answers
- Where is "Billionaire one-time wealth tax passes in California election 2026?" cheaper right now?
- Polymarket last trade 27¢ (+270). No matched twin on another venue, so there is no cross-venue price to compare.
- When does "Billionaire one-time wealth tax passes in California election 2026?" settle?
- Closes 2026-11-04. Pays Yes when: A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election.
Odds history
198 archived bid/ask quotes for "Billionaire one-time wealth tax passes in California election 2026?" on Polymarket, 2026-10-26 to 2026-11-01.
How this market settles
hard deadline June 25, 2026
- Pays Yes when
- A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election.
- Who decides
- 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.
- Venue’s stated source
- https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
- When
- Closes 2026-11-04.
Read the full rules Polymarket publishes
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.
Heads up: Polymarket has 4 disputed resolutions in our archive. Read the rules before you bet.
What this bet really costs you
On $100 at 27¢ you pay $5.11 in fees on Kalshi
1.38¢ per contract · 370 contracts
On $100 at 27¢ you pay $3.65 in fees on Polymarket US
0.99¢ per contract · 370 contracts
Polymarket rate read from the catalog for sports_fees_v3 (15,702 markets in a sample of 20,000 rows drawn from 580,600 in the archive). Kalshi's rate is its published general schedule; the PDF has been rate-limiting fetches, so it is documented rather than verified.
Exchange-side taker fees per each venue's published formula (rate × contracts × price × (1 − price)); contracts = stake ÷ price, rounded down to whole contracts. Fees peak at 50¢ and shrink toward the extremes. Most quoted cross-venue “arbs” are negative-EV after these fees; the taker-fee breakeven on a Kalshi/Polymarket pair is roughly 3.5–4¢.
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Data: Polymarket id 0x9345d5142a67f5541264c96515496affee02580f1c572680759eac9fd2a1588a · ← All tracked markets