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Will a one-time tax on billionaires ballot initiative in California pass?
29¢+245
Odds history
How this market settles
can settle early
- Pays Yes when
- If a one-time tax on billionaires ballot initiative in California passes, then the market resolves to Yes.
- When
- Closes 2027-11-03.
Read the full rules Kalshi publishes
If a one-time tax on billionaires ballot initiative in California passes, then the market resolves to Yes.
This market may resolve early once a consensus of designated media sources has declared a winner. See full rules for details.
What this bet really costs you
On $100 at 29¢ you pay $4.96 in fees on Kalshi
1.44¢ per contract · 344 contracts
On $100 at 29¢ you pay $4.25 in fees on Polymarket US
1.24¢ per contract · 344 contracts
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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Polymarket moved 8¢ on US recession in 2026? in the last 60 minutes (12¢ → 20¢). Kalshi hasn't caught up — still sitting at 14¢.
Get alerts (opens in a new tab)Data: Kalshi id KXCAWEALTHTAX-26 · ← All tracked markets